Hotels, Restaurants And Catering (HoReCa) Market Report 2026

Hotels, Restaurants And Catering (HoReCa) Market Overview

• Hotels, Restaurants And Catering (HoReCa) market size has reached to $3304.71 billion in 2025 • Expected to grow to $4561.91 billion in 2030 at a compound annual growth rate (CAGR) of 6.6% • Growth Driver: Rising Construction Activities Drive Growth In The Hotels, Restaurants, And Catering (Horeca) Sector • Market Trend: Digital Innovations In The HoReCa Market • Asia-Pacific was the largest region in 2025 and North America is the fastest growing region.

What Is Covered Under Hotels, Restaurants And Catering (HoReCa) Market?

Hotels, restaurants and catering (HoReCa) refers to the sector comprising businesses that offer accommodation, dining, and catering services. These establishments cater to various needs, such as providing lodging for travelers, offering dining experiences, and supplying catering services for events and functions. The benefits include employment creation, boosting tourism activities, and providing essential hospitality services to the public. The main types in the hotels, restaurants and catering (HoReCa) market are single outlet and hotels, restaurants and catering (HoReCa) chain. Single outlet refers to an independent establishment that operates individually without being part of a larger chain and brand. The various price levels include luxury, upscale, midscale, and economy, and several services including hotels, restaurants, and cafes and pubs.

What Is The Hotels, Restaurants And Catering (HoReCa) Market Growth Forecast?

The hotels, restaurants and catering (horeca) market size is expected to see strong growth in the next few years. It will grow to $4561.91 billion in 2030 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to growth of experiential dining concepts, expansion of international horeca brands, increasing demand for convenience dining, adoption of digital service platforms, rising focus on sustainability. Major trends in the forecast period include expansion of horeca chains, rising demand for sustainable food services, growing adoption of digital ordering systems, increase in premium dining experiences, growth of boutique and independent outlets.

Global Hotels, Restaurants And Catering (HoReCa) Market Segmentation

1) By Type: Single Outlet, HoReCa Chain 2) By Price Level: Luxury, Upscale, Midscale, Economy 3) By Service: Hotels, Restaurants, Cafes And Pubs Subsegments: 1) By Single Outlet: Independent Hotels, Standalone Restaurants, Independent Catering Services, Boutique Hotels And Guesthouses 2) By Horeca Chain: Hotel Chains, Restaurant Chains, Catering Chains, International Hospitality Brands

What Is The Driver Of The Hotels, Restaurants And Catering (HoReCa) Market?

The increase in construction activities is expected to propel the growth of the hotels, restaurants, and catering (HoReCa) market going forward. Construction activities encompass a wide range of tasks involved in creating, maintaining, and renovating buildings and infrastructure. The increase in construction activities is due to economic growth, urbanization, and government initiatives and policies. The HoReCa sector supports construction activities by providing essential services such as accommodation, meals, and event catering. These services enhance worker productivity, facilitate project management, and contribute to the overall success of construction projects while benefiting the local economy. For instance, in November 2024, according to the Office for National Statistics (ONS), a UK-based non-ministerial department, in 2023, total new work construction output increased by 4.2%, reaching a record high value of £139,029 million compared to 2022. Therefore, the increase in construction activities is driving the growth of the hotels, restaurants, and catering (HoReCa) market.

Key Players In The Global Hotels, Restaurants And Catering (HoReCa) Market

Major companies operating in the hotels, restaurants and catering (horeca) market are Starbucks Corporation, Inspire Brands Inc, Burger King Corporation, McDonald's Corporation, Marriott International Inc., Chick-fil-A Inc, Little Caesar Enterprises Inc., Hilton Worldwide Holdings Inc, ITC Limited, Costa Limited, KFC Corporation, Hyatt Hotels Corporation, Domino's Pizza Inc., InterContinental Hotels Group PLC, Papa John's International Inc., The Wendy's Company, Jack in the Box Inc., Wyndham Hotels and Resorts Inc, Pizza Hut LLC, Jubilant FoodWorks Limited, Subway IP LLC

Global Hotels, Restaurants And Catering (HoReCa) Market Trends and Insights

Major companies operating in the hotels, restaurants, and catering (HoReCa) market are focused on developing innovative solutions such as HACCP Digital Solution for HoReCa Sector to enhance operational efficiency, streamline customer service, and elevate guest experiences. HACCP (Hazard Analysis Critical Control Point) is a systematic approach to food safety that helps identify and manage risks throughout food production and handling. Implementing HACCP in the HoReCa (Hotels, Restaurants, and Catering) sector is crucial for ensuring food safety and compliance with health regulations. For instance, in March 2024, SATO Europe GmbH, a Germany-based innovative auto-ID and data collection solutions company, launched an advanced HACCP digital solution for the HoReCa Sector. This solution enhances food safety management with customizable controls and real-time analytics. This innovation strengthens compliance, improves traceability, and boosts operational efficiency, ensuring higher standards and regulatory adherence in the HoReCa industry. HACCP solution boasts several key features, including customizable self-control parameters tailored to meet specific operational requirements, a user-friendly interface that facilitates smooth integration into current workflows, and extensive data analytics to support informed decision-making.

What Are Latest Mergers And Acquisitions In The Hotels, Restaurants And Catering (HoReCa) Market?

In April 2024, Tefcold Group, a Denmark-based supplier of commercial refrigeration equipment, acquired Horeca Global Solutions for an undisclosed amount. Through this acquisition, Tefcold Group aims to strategically strengthen its market presence and operational capabilities in the commercial cooling sector by enhancing synergies, broadening product offerings, improving digital platforms, and developing a growth strategy for plug-in cooling equipment and critical markets. Horeca Global Solutions is a Spain-based company that produces innovative solutions for the Horeca sector, enhancing operational efficiency and customer satisfaction worldwide.

Regional Outlook

Asia-Pacific was the largest region in the hotels, restaurants and catering (HoReCa) market in 2025. North America is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

What Defines the Hotels, Restaurants And Catering (HoReCa) Market?

The hotels, restaurants and catering (HoReCa) market includes revenues earned by entities by providing services such as accommodation, dining services, event catering, specialized catering and food and beverage management. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Hotels, Restaurants And Catering (HoReCa) Market Report 2026?

The hotels, restaurants and catering (horeca) market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the hotels, restaurants and catering (horeca) industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.