Report

[REPORT] 2017: Worldwide Hospitality Report

With 3.6% growth from January 1, 2016 to January 1, 2017 in the global hotel and residence supply, for both branded and unbranded properties, the rate is the strongest in 15 years.

2017 Worldwide Hospitality Report

The figures published in this survey come from the MKG database, the number-one supply database worldwide and the largest performance database worldwide, outside the United States. Supply figures in this report have been obtained from groups’ key executives, from the MKG database or from official sources of the chains concerned (chains’ documents & websites, SEC fillings...).

In this Worldwide Hospitality Report, Europe includes Russia and the Caucasus countries, in contrast to our January-February European Hospitality Report, within which figures only cover the 28 countries of the European Union. The Latin America area includes Mexico, the Middle East and Africa area includes Turkey, and the Asia-Pacific area includes Kazakhstan. Since the 2015 edition, “extended stay” groups (and their brands) are taken into account in the overall supply figures for branded hotels & extended stay hotels.

The Olakala_Destinations performance database (OR, ADR, RevPAR) is updated daily. It includes more than 9,000 hotels (1,300,000 rooms) worldwide. More than 200 hotel chain or hotel property groups of all nationalities are present in this database, which covers nearly 140 countries and 800 markets. It is especially strong in the EMEA region, and is significant in all countries and cities presented in our reports and articles. 

Consult the articles reports below:

 
 
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Articles reports

Analysis

Hotel worldwide supply: global growth of hotel chains remains stable

With a net increase in hotel chain supply by +4%, figures are in line with those of international tourism. Brands are a powerful driver of hospitality renewal with an obvious shift towards new...

Analysis

Slowdown in performance growth against a backdrop of supply expansion

In 2016, the RevPAR of the global hotel industry is up 1.9%. Although this figure is down with respect to 2015 (+3.3%), these are nonetheless very favorable results: on the one hand because this is...

Reports

After going “asset light”, are hotel champions bound to disengage from employment?

The financial valuation of the main hotel groups worldwide has evolved positively over the last few months, but the rise of digital players in tourism has been even faster. In addition to their...

Reports

Hotel groups seek a new distribution of the world

The race for critical size is at the top of the agenda more than ever. On the one hand, Western groups are reactivating organic and external growth through mergers and acquisitions. On the other,...

Analysis

Strong global growth driven by Africa and Asia

With 3.6% growth from January 1, 2016 to January 1, 2017 in the global hotel and residence supply, for both branded and unbranded properties, the rate is the strongest in 15 years. This growth pushes...

Analysis

2017 Worldwide Hotel Market Report: what changes among global hospitality leaders?

Explore our in-depth analysis of the top 12 global hospitality leaders: what are the key drivers of their respective dynamics? Which brands are booming, and with what impact on groups' rankings?