The accommodation booking value worldwide amounted to nearly 1.1 trillion U.S. dollars in 2023. That year, hotels accounted for the highest figure, generating 792 billion U.S. dollars. As predicted, the global accommodation booking value was forecast to reach an estimated 1.66 trillion U.S. dollars in 2027.
Accommodation booking value worldwide from 2017 to 2023, with a forecast for 2025 and 2027, by type of stay
(in billion U.S. dollars)
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McKinsey & Company. (May 27, 2024). Accommodation booking value worldwide from 2017 to 2023, with a forecast for 2025 and 2027, by type of stay (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 24, 2024, from https://www.statista.com/statistics/1473314/accommodation-booking-value-worldwide-by-type/
McKinsey & Company. "Accommodation booking value worldwide from 2017 to 2023, with a forecast for 2025 and 2027, by type of stay (in billion U.S. dollars)." Chart. May 27, 2024. Statista. Accessed November 24, 2024. https://www.statista.com/statistics/1473314/accommodation-booking-value-worldwide-by-type/
McKinsey & Company. (2024). Accommodation booking value worldwide from 2017 to 2023, with a forecast for 2025 and 2027, by type of stay (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 24, 2024. https://www.statista.com/statistics/1473314/accommodation-booking-value-worldwide-by-type/
McKinsey & Company. "Accommodation Booking Value Worldwide from 2017 to 2023, with a Forecast for 2025 and 2027, by Type of Stay (in Billion U.S. Dollars)." Statista, Statista Inc., 27 May 2024, https://www.statista.com/statistics/1473314/accommodation-booking-value-worldwide-by-type/
McKinsey & Company, Accommodation booking value worldwide from 2017 to 2023, with a forecast for 2025 and 2027, by type of stay (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1473314/accommodation-booking-value-worldwide-by-type/ (last visited November 24, 2024)
Accommodation booking value worldwide from 2017 to 2023, with a forecast for 2025 and 2027, by type of stay (in billion U.S. dollars) [Graph], McKinsey & Company, May 27, 2024. [Online]. Available: https://www.statista.com/statistics/1473314/accommodation-booking-value-worldwide-by-type/