PUBLISHER: The Business Research Company | PRODUCT CODE: 1961518
PUBLISHER: The Business Research Company | PRODUCT CODE: 1961518
Hotels, restaurants, and catering (HoReCa) refers to the sector that includes businesses offering accommodation, dining, and catering services. These establishments fulfill a range of needs by providing lodging for travelers, offering dining experiences, and delivering catering services for events and functions. The sector benefits from creating employment, boosting tourism activities, and providing essential hospitality services to the public.
The primary types within the HoReCa market are single outlets and HoReCa chains. Single outlets refer to independent establishments that operate on their own, without affiliation to a larger chain or brand. Price levels in this sector vary from luxury and upscale to midscale and economy, with services encompassing hotels, restaurants, and cafes and pubs.
Tariffs have impacted the horeca market by increasing the cost of imported food ingredients, kitchen equipment, and hospitality supplies. These effects are more pronounced in regions reliant on imported raw materials such as europe and asia pacific. Rising costs have affected pricing strategies for restaurants and catering services. On the positive side, tariffs have promoted local sourcing, strengthened regional food supply chains, and encouraged menu innovation using domestically available ingredients.
The hotels, restaurants and catering (horeca) market research report is one of a series of new reports from The Business Research Company that provides hotels, restaurants and catering (horeca) market statistics, including hotels, restaurants and catering (horeca) industry global market size, regional shares, competitors with a hotels, restaurants and catering (horeca) market share, detailed hotels, restaurants and catering (horeca) market segments, market trends and opportunities, and any further data you may need to thrive in the hotels, restaurants and catering (horeca) industry. This hotels, restaurants and catering (horeca) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The hotels, restaurants and catering (horeca) market size has grown strongly in recent years. It will grow from $3304.71 billion in 2025 to $3527.87 billion in 2026 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to growth of tourism and travel, urbanization and lifestyle changes, expansion of food service outlets, increasing disposable income, rising demand for catering services.
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.
The rise in construction activities is expected to drive the growth of the hotels, restaurants, and catering (HoReCa) market in the coming years. Construction activities include a broad set of processes related to building, renovating, and maintaining infrastructure and facilities. This increase is largely supported by economic growth, rapid urbanization, and favorable government initiatives and policies. The HoReCa sector plays a supportive role in construction activities by providing essential services such as accommodation, food services, and event catering. These services help improve workforce productivity, support efficient project execution, and contribute to the overall success of construction projects while also benefiting local economies. For example, in November 2024, according to the Office for National Statistics (ONS), a UK-based non-ministerial department, total new construction work output in 2023 rose by 4.2%, reaching a record value of £139,029 million compared with 2022. Therefore, the growth in construction activities is fueling the expansion of the hotels, restaurants, and catering (HoReCa) market.
Major companies operating in the HoReCa market are increasingly focusing on the development of innovative digital solutions, such as HACCP digital systems, to improve operational efficiency, streamline customer service, and enhance guest experiences. HACCP (Hazard Analysis and Critical Control Point) is a structured food safety management approach designed to identify, evaluate, and control risks throughout food handling and preparation processes. Adoption of HACCP solutions in the HoReCa sector is essential for maintaining food safety standards and meeting regulatory requirements. For instance, in March 2024, SATO Europe GmbH, a Germany-based provider of auto-identification and data collection solutions, launched an advanced HACCP digital solution tailored for the HoReCa sector. This solution improves food safety management through customizable control parameters and real-time analytics, strengthening regulatory compliance, enhancing traceability, and increasing operational efficiency. Key features include adaptable self-control settings aligned with specific operational needs, an intuitive interface for seamless workflow integration, and comprehensive data analytics to support informed decision-making.
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 strengthen its market presence and operational capabilities within the commercial cooling segment by expanding product offerings, enhancing digital platforms, creating operational synergies, and advancing growth strategies for plug-in cooling equipment across key markets. Horeca Global Solutions is a Spain-based company that develops innovative solutions for the HoReCa sector, supporting improved operational efficiency and customer satisfaction on a global scale.
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
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 the hotels, restaurants and catering (horeca) market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the hotels, restaurants and catering (horeca) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
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.
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.
Hotels, Restaurants And Catering (HoReCa) Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses hotels, restaurants and catering (horeca) market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for hotels, restaurants and catering (horeca) ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The hotels, restaurants and catering (horeca) market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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