Properties and Rooms in 2016
Real Estate
Hospitality
Global Market Analysis
2 min read
Updated By: Ravindi Samaradiwakara
Published:
In 2016, the hospitality sector saw a total of 187 properties distributed across various regions. The Americas accounted for 48 properties, while Europe had 31. Asia, the Middle East, and Africa collectively contributed 69 properties, and Greater China had 39 properties. This distribution reflects a slight decline in the number of properties in the Americas and Europe compared to previous years, while Asia, the Middle East, and Africa showed a robust presence in the market. The total number of rooms available across these properties was 63,650, with the Americas providing 16,408 rooms, Europe offering 9,724 rooms, Asia, the Middle East, and Africa contributing 21,203 rooms, and Greater China supplying 16,315 rooms. The overall room count indicates a competitive landscape, particularly in Asia, which continues to expand its hospitality offerings.
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