Changes since 2013 in the global hotel supply are fairly minimal, but just as the world keeps turning, the game continues to be redealt, and the distribution morphs. Of the 19.5 million rooms available worldwide, the Asian share has swallowed another tenth of a point in market share, as has Africa and the Middle East. Latin America has gained a bit more ground (0.4 point) to the detriment of mature continents.
The ongoing economic slump in many developed countries ended up slowing the global growth of the hotel supply that sometimes flirted with a 3% increase in recent years. With net growth in the global hotel supply – with or without brands – at 1.2%, it is at its lowest in the last twelve years. The...
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