Hotel Franchise Market Size Projected to Surge USD 77.16 Billion Growth by 2033, Exhibit a CAGR of 7.62%
The Brainy Insights
The global hotel franchise market is anticipated to grow from USD 37.02 billion to USD 77.16 billion in 10 years. Frequent travellers always opt for the reliability and facilities of well-known hotel chains, which significantly boosts the prosperity of hotel franchises. Furthermore, hotel franchising offers attractive investment and development opportunities for entrepreneurs, investors, and developers seeking to enter or expand their presence in the hospitality industry. Franchisors can provide support in site selection, financing, design, and construction to facilitate new hotel developments and conversions.
Newark, May 20, 2024 (GLOBE NEWSWIRE) — The Brainy Insights estimates that the…