The Global Hotel Industry and Trends for 2016
Ard na Sidhe in Co. Kerry, Ireland create an infographic about ‘The Global Hotel Industry and Trends for 2016’.
– The global hotel industry revenue is predicted to reach $550 billion dollars in 2016.
– Europe and Asia Pacific are key regions with the highest hotel occupancy rates at over 68% respectively.
– The Middle East and Africa are the most expensive regions for hotel rates with a $165.97 dollar daily room rate on average.