Recent data reveals that the revenue of the worldwide hotel industry has decreased by £10 million. 

The largest hotel chain in the world, Wyndham Worldwide, saw its revenues decrease by 36 per cent during the pandemic – going from £1.4 billion in 2019 to £933 million in 2020. Their 2020 earnings were reportedly a net loss of £95 million, and adjusted net income was £69 million.
The second-largest hotel chain in the world, Choice Hotels International, saw its revenue dip by 31 per cent (£245 million) for the whole of 2020. In 2019, its annual revenue was £790 million but plunged to £556 million in 2020. 
The third-largest hotel chain, which has 5,974 hotels in more than 110 countries, Marriot International, had the most notable loss. Its revenue plunged by £7.5 billion during the pandemic and its related restrictions. 
The fourth-largest hotel chain globally, Hilton Worldwide Holdings, suffered a £1 billion revenue loss in 2020 due to coronavirus.
However, the hotel industry revenues are forecast to increase by 55 per cent year on year to £47 billion. This figure is £14 billion less than before the pandemic, as it will take years for the sector to recover from the impact of COVID-19.
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