Mid-To-Upscale Hotel Market

The global "Mid-To-Upscale Hotel Market" was valued at USD 259 billion in 2023 and is projected to reach USD 347 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.3% during the forecast period (2024-2030).

A mid-to-upscale hotel is a hospitality establishment offering a higher level of comfort, amenities, and services than budget hotels, but not as luxurious as high-end hotels. These hotels typically feature well-appointed rooms, on-site dining, fitness centers, business facilities, and personalized guest services, catering to both business and leisure travelers seeking quality accommodations at a moderate price point.

Market Segmentation: The market includes hotels positioned in the mid-to-upscale segment, catering to both business and leisure travelers seeking higher standards of accommodation and services.

Drivers of Growth: Factors driving this growth include increasing disposable incomes, rising global tourism, expansion of business travel, and growing consumer expectations for quality hospitality experiences.

Regional Dynamics: Growth is likely influenced by trends in key regions such as North America, Europe, Asia-Pacific, and emerging markets where urbanization and economic development spur demand for mid-to-upscale accommodations.

Technology and Innovation: Hotels in this segment are adopting advanced technologies for improved guest experiences, operational efficiency, and sustainability practices.

Competitive Landscape: The market is competitive with major hotel chains and independent properties focusing on differentiation through branding, service quality, and unique guest experiences.

Challenges: Challenges may include fluctuating economic conditions, geopolitical instability affecting travel patterns, and the need for continuous investment in infrastructure and service upgrades.

Opportunities: Opportunities exist in expanding into emerging markets, enhancing loyalty programs, adopting sustainable practices, and leveraging digital platforms for direct bookings and guest engagement.

Impact of COVID-19: The recovery post-pandemic is reshaping strategies with a renewed emphasis on hygiene protocols, flexible booking options, and hybrid work-stay offerings.

The global key manufacturers of Mid-To-Upscale Hotel include Hilton Hotels, Marriott International, Carlson Rezidor Hotel Group, InterContinental Hotels Group, Wyndham Hotels & Resorts, H World Group, Jin Jiang International Hotels, BTG Hotels and Greentree Inn Management, etc. in 2023, the global top five players have a share approximately % in terms of revenue.

Mid-To-Upscale Hotel Market aims to provide a comprehensive presentation of the global market for Mid-To-Upscale Hotel, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Mid-To-Upscale Hotel. Mid-To-Upscale Hotel Market contains market size and forecasts of Mid-To-Upscale Hotel in global, including the following market information:

• Global Mid-To-Upscale Hotel Market Revenue, 2019-2024, 2025-2030, ($ millions)
• Global top five companies in 2023 (%)

• Single Bed
• Double Bed
• Suite

• Company Business
• Travel

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
• The Middle East and Africa (Middle East, Africa)
• South and Central America (Brazil, Argentina, Rest of SCA)

• Key companies Mid-To-Upscale Hotel revenues in global market, 2019-2024 (estimated), ($ millions)
• Key companies Mid-To-Upscale Hotel revenues share in global market, 2023 (%)

• Hilton Hotels
• Marriott International
• Carlson Rezidor Hotel Group
• InterContinental Hotels Group
• Wyndham Hotels & Resorts
• H World Group
• Jin Jiang International Hotels
• BTG Hotels
• Greentree Inn Management
• Ssaw Boutique Hotels
• Yahua Hotel Management

Chapter 2: Global Mid-To-Upscale Hotel market size in revenue.

Chapter 3: Detailed analysis of Mid-To-Upscale Hotel company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Mid-To-Upscale Hotel in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: The main points and conclusions of the report.