Global Hotels Market : Growing Demand for Budget Hotels to Expand Market at 4.0% CAGR
A research report recently published by Transparency Market Research forecasts the global hotels market to expand at a CAGR of 4.0% during the period between 2015 and 2021, The report, titled "Hotels Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021", projects the global hotels market to be worth US$702.74 bn by 2021. The overall market was valued at US$534.02 bn in 2014.
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