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)
Characteristic
Hotels
Home sharing
Other¹
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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 July 05, 2024, from https://www.statista.com/statistics/1473314/accommodation-booking-value-worldwide-by-type/?session=49aacc6d3ffe78bc31bfabf508406463
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 July 05, 2024. https://www.statista.com/statistics/1473314/accommodation-booking-value-worldwide-by-type/?session=49aacc6d3ffe78bc31bfabf508406463
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: July 05, 2024. https://www.statista.com/statistics/1473314/accommodation-booking-value-worldwide-by-type/?session=49aacc6d3ffe78bc31bfabf508406463
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/?session=49aacc6d3ffe78bc31bfabf508406463
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/?session=49aacc6d3ffe78bc31bfabf508406463 (last visited July 05, 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/?session=49aacc6d3ffe78bc31bfabf508406463