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PUBLISHER: Grand View Research | PRODUCT CODE: 1609640

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PUBLISHER: Grand View Research | PRODUCT CODE: 1609640

Hotels, Resorts And Cruise Lines Market Size, Share & Trends Analysis Report By Type (Hotels, Resorts, Cruise lines), By Region, And Segment Forecasts, 2025 - 2030

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Hotels, Resorts, And Cruise Lines Market Growth & Trends:

The global hotels, resorts and cruise lines market size is expected to reach USD 2,214.0 billion by 2030, registering a CAGR of 18.8% from 2025 to 2030, according to a new report by Grand View Research, Inc. The growing trend of travel and tourism and the use of hotels, resorts, and cruise lines by gen z and, millennials to achieve a staying experience that is of top grade is expected to drive the industry's growth. The growing number of leisure trips taken by working professionals for a vacation to release stress and enjoy their vacation results in the growing popularity of hotels, resorts, and cruises is further expected to propel the growth.

The hotel and resort industry is directly associated with the travel and tourism industry and gets directly impacted. With the growing travel and tourism industry, the hotels and resorts industry is also growing. The increasing number of international and domestic business as well as vacation trips is further boosting the market growth in the forthcoming years. The providence of facility of security and safety by hotels and resorts is another factor surging the usage rage of hotels and rates. In addition, the growing number of global events including expos, sports tourism, etc is further anticipated to fuel market expansion.

The COVID-19 pandemic negatively impacted the market significantly due to restrictions such as mobility, social gatherings, and others. Various guidelines and regulations were introduced by the government to stop the surge of the deadly and highly contagious disease. Due to these various government guidelines, the arrival of tourists fell and the number of cruise passengers also decreased all across the globe. Moreover, a high number of the population is employed by the hotel, resort, and cruise industry and as a result of the pandemic, this number of people lost their job. Thus the market was highly impacted. However, as the restrictions were uplifted the industry started to operate fully and is expected to grow considerably.

The hotels segment contributed significantly to the global market in 2021. Hotels provide a high-grade experience to the consumers as a result of which they are preferred over other lodging options thus driving the segment growth. The rising activities of travel and tourism are another factor fueling the segment growth. In addition, advantages such as the easy process of reservation, safe and easy stay, security, and others are some of the prominent factors that shift the focus of consumers to hotels over other options thus propelling the growth of the segment in the forthcoming years.

Major industry players include Marriott International, Inc.; Wyndham Hotel Group, LLC.; Hilton Worldwide Holdings Inc.; InterContinental Hotels Group PLC; Hyatt Hotels Corporation; Host Hotels & Resorts Inc.; Huazhu Hotels Group Ltd; Carnival Corporation & plc; Royal Caribbean Group; Norwegian Cruise Line Holdings Ltd. Various steps are adopted by these companies including global expansion, partnerships, acquisitions & mergers, and others to gain more market share.

Hotels, Resorts And Cruise Lines Market Report Highlights:

  • Hotels accounted for a revenue share of over 52.6% in 2024, attributed to their versatility and appeal to a wide range of travelers, including business, leisure, and family segments. Hotels offer flexible accommodations and amenities, from budget-friendly to luxury, attracting diverse customer bases seeking comfort and convenience.
  • Resorts are projected to grow at a CAGR of 18.5% from 2025 to 2030. Resorts provide a comprehensive environment, offering amenities such as spas, dining, recreational activities, and wellness programs, which appeal to guests looking for a self-contained vacation experience.
  • The hotels, resorts and cruise lines market in North America accounted for a share of 36.34% of the global market revenue in 2024, due to the region's strong culture of travel and diverse recreational options.
  • The Asia Pacific hotels, resorts & cruise lines market is expected to grow at a CAGR of 19.4% from 2025 to 2030, driven by increased disposable incomes, a booming middle class, and a heightened interest in travel among both local and international tourists.
Product Code: GVR-4-68039-967-4

Table of Contents

Chapter 1. Methodology and Scope

  • 1.1. Market Segmentation & Scope
  • 1.2. Market Definition
  • 1.3. Information Procurement
    • 1.3.1. Purchased Database
    • 1.3.2. GVR's Internal Database
    • 1.3.3. Secondary Materials & Third-Party Perspectives
    • 1.3.4. Primary Research
  • 1.4. Information Analysis
    • 1.4.1. Data Analysis Models
  • 1.5. Market Information & Data Visualization
  • 1.6. Data Validation & Publishing

Chapter 2. Executive Summary

  • 2.1. Market Snapshot
  • 2.2. Type Outlook
  • 2.3. Regional Outlook
  • 2.4. Competitive Landscape Snapshot

Chapter 3. Hotels, Resorts, & Cruise Lines Market Variables, Trends & Scope

  • 3.1. Market Lineage Outlook
  • 3.2. Industry Value Chain Analysis
  • 3.3. Market Dynamics
    • 3.3.1. Market Driver Analysis
    • 3.3.2. Market Restraint Analysis
    • 3.3.3. Market Opportunities
    • 3.3.4. Market Challenges
  • 3.4. Industry Analysis Tools
    • 3.4.1. Porter's Five Forces Analysis
  • 3.5. Market Entry Strategies

Chapter 4. Consumer Behavior Analysis

  • 4.1. Demographic Analysis
  • 4.2. Consumer Trends & Preferences
  • 4.3. Factors Affecting Booking Decisions
  • 4.4. Consumer Service Adoption Trends
  • 4.5. Observations & Recommendations

Chapter 5. Hotels, Resorts, & Cruise Lines Market: Type Estimates & Trend Analysis

  • 5.1. Hotels, Resorts, & Cruise Lines Market, By Type: Key Takeaways
  • 5.2. Type Movement Analysis & Market Share, 2024 & 2030
  • 5.3. Market Estimates & Forecasts, by type, 2018 - 2030 (USD Billion)
    • 5.3.1. Hotels
      • 5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
    • 5.3.2. Resorts
      • 5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
    • 5.3.3. Cruise Lines
      • 5.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)

Chapter 6. Hotels, Resorts, & Cruise Lines Market: Regional Estimates & Trend Analysis

  • 6.1. Hotels, Resorts, & Cruise Lines Market: Regional Outlook
  • 6.2. Regional Marketplaces: Key Takeaways
  • 6.3. Market Estimates & Forecasts, by region, 2018 - 2030 (USD Billion)
    • 6.3.1. North America
      • 6.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 6.3.1.2. U.S.
        • 6.3.1.2.1. Key country dynamics
        • 6.3.1.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 6.3.1.3. Canada
        • 6.3.1.3.1. Key country dynamics
        • 6.3.1.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 6.3.1.4. Mexico
        • 6.3.1.4.1. Key country dynamics
        • 6.3.1.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
    • 6.3.2. Europe
      • 6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 6.3.2.2. Germany
        • 6.3.2.2.1. Key country dynamics
        • 6.3.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 6.3.2.3. U.K.
        • 6.3.2.3.1. Key country dynamics
        • 6.3.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 6.3.2.4. France
        • 6.3.2.4.1. Key country dynamics
        • 6.3.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 6.3.2.5. Italy
        • 6.3.2.5.1. Key country dynamics
        • 6.3.2.5.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 6.3.2.6. Spain
        • 6.3.2.6.1. Key country dynamics
        • 6.3.2.6.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
    • 6.3.3. Asia Pacific
      • 6.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 6.3.3.2. China
        • 6.3.3.2.1. Key country dynamics
        • 6.3.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 6.3.3.3. India
        • 6.3.3.3.1. Key country dynamics
        • 6.3.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 6.3.3.4. Japan
        • 6.3.3.4.1. Key country dynamics
        • 6.3.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 6.3.3.5. Australia
        • 6.3.3.5.1. Key country dynamics
        • 6.3.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 6.3.3.6. Indonesia
        • 6.3.3.6.1. Key country dynamics
        • 6.3.3.6.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
    • 6.3.4. Central & South America
      • 6.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 6.3.4.2. Brazil
        • 6.3.4.2.1. Key country dynamics
        • 6.3.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
    • 6.3.5. Middle East & Africa
      • 6.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 6.3.5.2. South Africa
        • 6.3.5.2.1. Key country dynamics
        • 6.3.5.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)

Chapter 7. Hotels, Resorts, & Cruise Lines Market: Competitive Analysis

  • 7.1. Recent developments & impact analysis, by key market participants
  • 7.2. Company Categorization
  • 7.3. Participant's Overview
  • 7.4. Financial Performance
  • 7.5. Service Benchmarking
  • 7.6. Company Market Share Analysis, 2024 (%)
  • 7.7. Company Heat Map Analysis
  • 7.8. Strategy Mapping
  • 7.9. Company Profiles
    • 7.9.1. Marriott International, Inc.
      • 7.9.1.1. Company Overview
      • 7.9.1.2. Financial Performance
      • 7.9.1.3. Service Portfolios
      • 7.9.1.4. Strategic Initiatives
    • 7.9.2. Wyndham Hotel Group, LLC.
      • 7.9.2.1. Company Overview
      • 7.9.2.2. Financial Performance
      • 7.9.2.3. Service Portfolios
      • 7.9.2.4. Strategic Initiatives
    • 7.9.3. Hilton Worldwide Holdings Inc.
      • 7.9.3.1. Company Overview
      • 7.9.3.2. Financial Performance
      • 7.9.3.3. Service Portfolios
      • 7.9.3.4. Strategic Initiatives
    • 7.9.4. InterContinental Hotels Group PLC
      • 7.9.4.1. Company Overview
      • 7.9.4.2. Financial Performance
      • 7.9.4.3. Service Portfolios
      • 7.9.4.4. Strategic Initiatives
    • 7.9.5. Hyatt Hotels Corporation
      • 7.9.5.1. Company Overview
      • 7.9.5.2. Financial Performance
      • 7.9.5.3. Service Portfolios
      • 7.9.5.4. Strategic Initiatives
    • 7.9.6. Host Hotels & Resorts Inc.
      • 7.9.6.1. Company Overview
      • 7.9.6.2. Financial Performance
      • 7.9.6.3. Service Portfolios
      • 7.9.6.4. Strategic Initiatives
    • 7.9.7. Huazhu Hotels Group Ltd
      • 7.9.7.1. Company Overview
      • 7.9.7.2. Financial Performance
      • 7.9.7.3. Service Portfolios
      • 7.9.7.4. Strategic Initiatives
    • 7.9.8. Carnival Corporation & plc
      • 7.9.8.1. Company Overview
      • 7.9.8.2. Financial Performance
      • 7.9.8.3. Service Portfolios
      • 7.9.8.4. Strategic Initiatives
    • 7.9.9. Royal Caribbean Group
      • 7.9.9.1. Company Overview
      • 7.9.9.2. Financial Performance
      • 7.9.9.3. Service Portfolios
      • 7.9.9.4. Strategic Initiatives
    • 7.9.10. Norwegian Cruise Line Holdings Ltd.
      • 7.9.10.1. Company Overview
      • 7.9.10.2. Financial Performance
      • 7.9.10.3. Service Portfolios
      • 7.9.10.4. Strategic Initiatives
Product Code: GVR-4-68039-967-4

List of Tables

  • Table 1. Hotels, Resorts, & Cruise Lines market: Key market driver analysis
  • Table 2. Hotels, Resorts, & Cruise Lines market: Key market restraint analysis
  • Table 3. Hotels, Resorts, & Cruise Lines market estimates & forecast, 2018 - 2030, by type (USD Billion)
  • Table 4. Hotels market estimates & forecast, 2018 - 2030 (USD Billion)
  • Table 5. Resorts market estimates & forecast, 2018 - 2030 (USD Billion)
  • Table 6. Cruise Lines market estimates & forecast, 2018 - 2030 (USD Billion)
  • Table 7. Hotels, Resorts, & Cruise Lines market estimates & forecast, by region, 2018 - 2030 (USD Billion)
  • Table 8. North America Hotels, Resorts, & Cruise Lines market estimates and forecast, 2018 - 2030 (USD Billion)
  • Table 9. North America Hotels, Resorts, & Cruise Lines market estimates and forecast, by type, 2018 - 2030 (USD Billion)
  • Table 10. U.S. macro-economic outlay
  • Table 11. U.S. Hotels, Resorts, & Cruise Lines market estimates and forecast, 2018 - 2030 (USD Billion)
  • Table 12. U.S. Hotels, Resorts, & Cruise Lines market estimates and forecast, by type, 2018 - 2030 (USD Billion)
  • Table 13. Canada macro-economic outlay
  • Table 14. Canada Hotels, Resorts, & Cruise Lines market estimates and forecast, 2018 - 2030 (USD Billion)
  • Table 15. Canada Hotels, Resorts, & Cruise Lines market estimates and forecast, by type, 2018 - 2030 (USD Billion)
  • Table 16. Mexico macro-economic outlay
  • Table 17. Mexico Hotels, Resorts, & Cruise Lines market estimates and forecast, 2018 - 2030 (USD Billion)
  • Table 18. Mexico Hotels, Resorts, & Cruise Lines market estimates and forecast, by type, 2018 - 2030 (USD Billion)
  • Table 19. Europe Hotels, Resorts, & Cruise Lines market estimates and forecast, 2018 - 2030 (USD Billion)
  • Table 20. Europe Hotels, Resorts, & Cruise Lines market estimates and forecast, by type, 2018 - 2030 (USD Billion)
  • Table 21. Germany macro-economic outlay
  • Table 22. Germany Hotels, Resorts, & Cruise Lines market estimates and forecast, 2018 - 2030 (USD Billion)
  • Table 23. Germany Hotels, Resorts, & Cruise Lines market estimates and forecast, by type, 2018 - 2030 (USD Billion)
  • Table 24. U.K. macro-economic outlay
  • Table 25. U.K. Hotels, Resorts, & Cruise Lines market estimates and forecast, 2018 - 2030 (USD Billion)
  • Table 26. U.K. Hotels, Resorts, & Cruise Lines market estimates and forecast, by type, 2018 - 2030 (USD Billion)
  • Table 27. France macro-economic outlay
  • Table 28. France Hotels, Resorts, & Cruise Lines market estimates and forecast, 2018 - 2030 (USD Billion)
  • Table 29. France Hotels, Resorts, & Cruise Lines market estimates and forecast, by type, 2018 - 2030 (USD Billion)
  • Table 30. Italy macro-economic outlay
  • Table 31. Italy Hotels, Resorts, & Cruise Lines market estimates and forecast, 2018 - 2030 (USD Billion)
  • Table 32. Italy Hotels, Resorts, & Cruise Lines market estimates and forecast, by type, 2018 - 2030 (USD Billion)
  • Table 33. Spain macro-economic outlay
  • Table 34. Spain Hotels, Resorts, & Cruise Lines market estimates and forecast, 2018 - 2030 (USD Billion)
  • Table 35. Spain Hotels, Resorts, & Cruise Lines market estimates and forecast, by type, 2018 - 2030 (USD Billion)
  • Table 36. Asia Pacific Hotels, Resorts, & Cruise Lines market estimates and forecast, 2018 - 2030 (USD Billion)
  • Table 37. Asia Pacific Hotels, Resorts, & Cruise Lines market estimates and forecast, by type, 2018 - 2030 (USD Billion)
  • Table 38. China macro-economic outlay
  • Table 39. China Hotels, Resorts, & Cruise Lines market estimates and forecast, 2018 - 2030 (USD Billion)
  • Table 40. China Hotels, Resorts, & Cruise Lines market estimates and forecast, by type, 2018 - 2030 (USD Billion)
  • Table 41. Japan macro-economic outlay
  • Table 42. Japan Hotels, Resorts, & Cruise Lines market estimates and forecast, 2018 - 2030 (USD Billion)
  • Table 43. Japan Hotels, Resorts, & Cruise Lines market estimates and forecast, by type, 2018 - 2030 (USD Billion)
  • Table 44. India macro-economic outlay
  • Table 45. India Hotels, Resorts, & Cruise Lines market estimates and forecast, 2018 - 2030 (USD Billion)
  • Table 46. India Hotels, Resorts, & Cruise Lines market estimates and forecast, by type, 2018 - 2030 (USD Billion)
  • Table 47. Australia macro-economic outlay
  • Table 48. Australia Hotels, Resorts, & Cruise Lines market estimates and forecast, 2018 - 2030 (USD Billion)
  • Table 49. Australia Hotels, Resorts, & Cruise Lines market estimates and forecast, by type, 2018 - 2030 (USD Billion)
  • Table 50. Indonesia macro-economic outlay
  • Table 51. Indonesia Hotels, Resorts, & Cruise Lines market estimates and forecast, 2018 - 2030 (USD Billion)
  • Table 52. Indonesia Hotels, Resorts, & Cruise Lines market estimates and forecast, by type, 2018 - 2030 (USD Billion)
  • Table 53. Central & South America Hotels, Resorts, & Cruise Lines market estimates and forecast, 2018 - 2030 (USD Billion)
  • Table 54. Central & South America Hotels, Resorts, & Cruise Lines market estimates and forecast, by type, 2018 - 2030 (USD Billion)
  • Table 55. Brazil macro-economic outlay
  • Table 56. Brazil Hotels, Resorts, & Cruise Lines market estimates and forecast, 2018 - 2030 (USD Billion)
  • Table 57. Brazil Hotels, Resorts, & Cruise Lines market estimates and forecast, by type, 2018 - 2030 (USD Billion)
  • Table 58. Middle East & Africa Hotels, Resorts, & Cruise Lines market estimates and forecast, 2018 - 2030 (USD Billion)
  • Table 59. Middle East & Africa Hotels, Resorts, & Cruise Lines market estimates and forecast, by type, 2018 - 2030 (USD Billion)
  • Table 60. South Africa macro-economic outlay
  • Table 61. South Africa Hotels, Resorts, & Cruise Lines market estimates and forecast, 2018 - 2030 (USD Billion)
  • Table 62. South Africa Hotels, Resorts, & Cruise Lines market estimates and forecast, by type, 2018 - 2030 (USD Billion)
  • Table 63. Recent developments & impact analysis, by key market participants
  • Table 64. Company market share, 2024
  • Table 65. Company heat map analysis
  • Table 66. Companies implementing key strategies

List of Figures

  • Fig. 1 Hotels, Resorts, & Cruise Lines market segmentation
  • Fig. 2 Information procurement
  • Fig. 3 Primary research pattern
  • Fig. 4 Primary research approaches
  • Fig. 5 Primary research process
  • Fig. 6 Market snapshot
  • Fig. 7 Segment snapshot
  • Fig. 8 Regional snapshot
  • Fig. 9 Competitive landscape snapshot
  • Fig. 10 Parent industry and Hotels, Resorts, & Cruise Lines market size, 2024 (USD Billion)
  • Fig. 11 Hotels, Resorts, & Cruise Lines market: Value chain analysis
  • Fig. 12 Hotels, Resorts, & Cruise Lines market: Dynamics
  • Fig. 13 Hotels, Resorts, & Cruise Lines market: Porter's five forces analysis
  • Fig. 14 Factors affecting booking decisions in hotels, resorts, & cruise lines market
  • Fig. 15 Hotels, resorts, & cruise lines market, by type: Key takeaways
  • Fig. 16 Hotels, resorts, & cruise lines market: type movement analysis, 2024 & 2030 (%)
  • Fig. 17 Hotels market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 18 Resorts market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 19 Cruise lines market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 20 Hotels, resorts, & cruise lines market: Regional outlook, 2024 & 2030, (USD Billion)
  • Fig. 21 Regional marketplace: Key takeaways
  • Fig. 22 North America hotels, resorts, & cruise lines market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 23 U.S. hotels, resorts, & cruise lines market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 24 Canada hotels, resorts, & cruise lines market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 25 Mexico hotels, resorts, & cruise lines market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 26 Europe hotels, resorts, & cruise lines market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 27 Germany hotels, resorts, & cruise lines market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 28 U.K. hotels, resorts, & cruise lines market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 29 France hotels, resorts, & cruise lines market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 30 Italy hotels, resorts, & cruise lines market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 31 Spain hotels, resorts, & cruise lines market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 32 Asia Pacific hotels, resorts, & cruise lines market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 33 China Hotels, resorts, & cruise lines market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 34 Japan Hotels, resorts, & cruise lines market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 35 India Hotels, resorts, & cruise lines market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 36 Australia hotels, resorts, & cruise lines market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 37 Indonesia hotels, resorts, & cruise lines market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 38 Central & South America hotels, resorts, & cruise lines market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 39 Brazil hotels, resorts, & cruise lines market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 40 Middle East & Africa hotels, resorts, & cruise lines market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 41 South Africa hotels, resorts, & cruise lines market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 42 Key company categorization
  • Fig. 43 Company market share analysis, 2024
  • Fig. 44 Strategic framework of Hotels, Resorts, & Cruise Lines market
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