Worldwide Lodging Income in 2022 is 95 Percent of 2019

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Skift Take

Americas’ share of international lodging profits witnessed an increase throughout the pandemic provided its large domestic travel market. The characteristics are expected to alter when travel limitations in China wane, and its large domestic travel market flourishes again.

Varsha Arora, Skift Research

Skift Research study estimates that the marketplace size, determined by revenue, of the worldwide lodging sector is projected to reach $903.38 billion by 2022, which’s roughly 95% of the sector earnings in 2019.

That shows that a complete international recovery would happen by 2023.

In our latest report, we provide accommodation sector estimates at a regional and sub-sector levels together with analysis, quotes, and essential hospitality performance indicators such as income per available room, average da