Hospitality Real Estate Sector Market Size

Statistics for the 2023 & 2024 Hospitality Real Estate Sector market size, created by Mordor Intelligence™ Industry Reports. Hospitality Real Estate Sector size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Hospitality Real Estate Sector

Hospitality Real Estate Market Summary
Study Period 2020-2029
Market Size (2024) USD 0.55 Trillion
Market Size (2029) USD 1.08 Trillion
CAGR (2024 - 2029) 14.57 %
Fastest Growing Market Europe
Largest Market Asia-Pacific

Major Players

Hospitality Real Estate Market Major Players

*Disclaimer: Major Players sorted in no particular order


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Hospitality Real Estate Market Analysis

The Hospitality Real Estate Market size is estimated at USD 0.55 trillion in 2024, and is expected to reach USD 1.08 trillion by 2029, growing at a CAGR of 14.57% during the forecast period (2024-2029).

The hospitality real estate market suffered a hard hit by the global pandemic, as travel restrictions, social distancing, and low mobility rates were implemented during the COVID-19 outbreak. Now, the market is in the recovery phase as international travel restrictions were relaxed in some regions, thus resulting in increasing traveler inflow.

Hotels and accommodations hold the largest share of the global market. North America accounts for the highest investments in the hotels and accommodation segment, followed by the Asia-Pacific region. In addition, investors also focus on luxury hotels and resorts in urban areas, which attract upper-middle-class and high-income populations.

Despite the fact that the disruptive pandemic affected investment, flows into the market are uninterrupted. Meanwhile, Europe's hospitality real estate sector experienced the highest number of foreign investments from North America and Asia-Pacific regions. In addition, most of the investments are obtained from private equity, institutional investors, and investment fund entities.

Hospitality Real Estate Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)