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)
Adjust the presentation of the statistic and data points.
Share the statistic on social media channels or embed the statistic in your
website using "Embed Code", where available.
Cite this statistic and select one of the following formats: APA, Chicago, Harvard, MLA & Bluebook.
Print the statistic including description and metadata.
Chart type
Accommodation booking value worldwide from 2017 to 2023, with a forecast for 2025 and 2027, by type of stay
Share this statistic
You have no right to use this feature.
Make sure to contact us if you are interested in scientific citation.
You can upgrade your account to enable this functionality for all statistics.
This feature is not available with your current account.Request access
Statista has been my savior on several occasions.
The site is easy to maneuver and the data is in a format that can
go right into a report or presentation.
Learn more about how Statista can support your business.
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 April 27, 2025, from https://www.statista.com/statistics/1473314/accommodation-booking-value-worldwide-by-type/
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 April 27, 2025. https://www.statista.com/statistics/1473314/accommodation-booking-value-worldwide-by-type/
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: April 27, 2025. https://www.statista.com/statistics/1473314/accommodation-booking-value-worldwide-by-type/
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/
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/ (last visited April 27, 2025)
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/
Profit from additional features with an Employee Account
Please create an employee account to be able to mark statistics as favorites.
Then you can access your favorite statistics via the star in the header.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.