In 2014, about 600,000 rooms and apartments joined the global supply of hotels and residences. The growth rate of the supply thus gained speed with respect to last year thanks to the economic recovery under way in several developed markets. Of the some 21.75 million units available worldwide on January 1, 2015, the share of emerging destinations continued to grapple with tenths of points.
Growth in the global supply of hotels and residences, both branded and not, shifted into higher gear after being slowed in recent years by the economic and financial crisis, whose effects began to fade in several developped countries in 2014. The growth rate of the industry in the world thus gained...
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