World Data Lab

Category

Restaurants & Hotels

Built for hospitality teams deciding which cities are eating out more, where travel spending is forming, and what a menu or a room can be priced at there.

COICOP 11

Start the shortlist where the category is bought.

Every country to 2050, all 9,400+ cities to 2040. One model, one shared scale for a market and a city.

The category down to its 3 lines. Each with its own size, growth and cohort, never one blended average.

Every figure by age band and spending tier. A target cohort is only a filter on the same numbers.

Priced against what each market can afford. The share of a city that can buy at your price, and when.

USD 5.26T

Spending in 2026

USD 8.90T

Spending in 2036

+USD 3.64T

Added by 2036

5.40%

Annual growth to 2036

USD 645

Per person a year

7.4%

Share of the global wallet

nominal USD, current prices

Where the category is bought

World

 

 

The 20 largest published city markets for restaurants and hotels, spending in 2026 in nominal USD billions. Source: World Data Intelligence.
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Restaurants and hotels: top 20 city markets by spending in 2026
CityCountry2026 (USD bn)2036 (USD bn)Annual growth (%)
New York CityUnited States98.6143.93.86
Los AngelesUnited States82.6130.64.69
San FranciscoUnited States53.683.24.50
LondonUnited Kingdom52.386.35.14
SeoulSouth Korea50.684.25.22
TokyoJapan44.364.73.86
ParisFrance36.150.33.35
MiamiUnited States35.554.44.37
ChicagoUnited States31.544.83.57
WashingtonUnited States25.139.44.58
MadridSpain24.538.84.70
ShanghaiChina24.140.65.35
IstanbulTurkey24.047.06.96
TaipeiTaiwan22.439.85.93
BeijingChina20.444.08.01
SeattleUnited States20.232.95.01
Sao PauloBrazil19.933.45.33
HoustonUnited States18.833.15.80
DenverUnited States18.829.84.72
Mexico CityMexico18.228.84.71

Time entry to the year a city reaches your price.

Annual consumer spending on restaurants and hotels, 2000 to 2040.

2026
  1. New York City: USD 99bn in 2026
  2. Los Angeles: USD 83bn in 2026
  3. San Francisco: USD 54bn in 2026
  4. London: USD 52bn in 2026
  5. Seoul: USD 51bn in 2026
The five largest city markets in the 2026 race snapshot, nominal USD billions. Source: World Data Intelligence.
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Restaurants and hotels: city race in 2026
CityCountry code2026 (USD bn)
New York CityUSA98.6
Los AngelesUSA82.6
San FranciscoUSA53.6
LondonGBR52.3
SeoulKOR50.6

Aim the range at the cohort that is arriving.

By spending tier

Spending in 2026Added by 2036Rich40.1%53.1%Upper middle16.5%16.1%Core middle24.7%20.1%Lower middle16.2%10.0%Poor2.5%0.6%
  • Rich: 40.1% of spending in 2026, 53.1% of the spending added by 2036
  • Upper middle: 16.5% of spending in 2026, 16.1% of the spending added by 2036
  • Core middle: 24.7% of spending in 2026, 20.1% of the spending added by 2036
  • Lower middle: 16.2% of spending in 2026, 10.0% of the spending added by 2036
  • Poor: 2.5% of spending in 2026, 0.6% of the spending added by 2036

By age band

Spending in 2026Added by 203665 and over12.9%19.9%45-6529.3%29.4%30-4525.9%21.7%15-3020.0%19.8%0-1512.0%9.1%
  • 65 and over: 12.9% of spending in 2026, 19.9% of the spending added by 2036
  • 45-65: 29.3% of spending in 2026, 29.4% of the spending added by 2036
  • 30-45: 25.9% of spending in 2026, 21.7% of the spending added by 2036
  • 15-30: 20.0% of spending in 2026, 19.8% of the spending added by 2036
  • 0-15: 12.0% of spending in 2026, 9.1% of the spending added by 2036
Share of 2026 spending and share of spending added by 2036, by spending tier and age band. Source: World Data Intelligence.
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Restaurants and hotels: spending tiers and age bands
CohortDimension2026 spending (%)Added by 2036 (%)Annual growth (%)
PoorSpending tier2.50.61.62
Lower middleSpending tier16.210.03.62
Core middleSpending tier24.720.14.57
Upper middleSpending tier16.516.15.29
RichSpending tier40.153.16.72
0-15Age band12.09.14.33
15-30Age band20.019.85.36
30-45Age band25.921.74.69
45-65Age band29.329.45.42
65 and overAge band12.919.97.52

Weight the portfolio to the lines that are moving.

Area is spending in 2026. USD 5.26T across 6 published lines of the model.

Restaurants

USD 2.16T · 41.0%

Fast food and takeaway

USD 1.37T · 26.1%

Accommodation services

USD 798bn · 15.2%

Coffee shops

USD 406bn · 7.7%

Alcohol away from home

USD 322bn · 6.1%

Canteens

USD 205bn · 3.9%

Published lines of restaurants and hotels, sized by 2026 spending in nominal USD billions. Source: World Data Intelligence.
See the data
Restaurants and hotels: published category lines in 2026
Category line2026 (USD bn)Share of plotted spending (%)Annual growth (%)
Restaurants2160.341.05.62
Fast food and takeaway1372.926.15.30
Accommodation services798.315.24.80
Coffee shops405.57.76.01
Alcohol away from home321.56.15.41
Canteens204.83.94.67

Five decisions a hospitality team can settle with this data.

01

Market entry and prioritisation

The cities holding the most restaurants and hotels spending today are not the ones adding it fastest. Across the forty largest markets in the model the spread runs from 3.2% a year to 10.1%, which is the difference between a market that transforms by 2036 and one that barely moves. We rank every city on the spending that is forming rather than the spending already there.

02

Pricing and affordability

Spending on restaurants and hotels by rich consumers compounds at 6.72% a year, against 1.62% for the poorest. A cheaper range can hold its volume and still be defending a shrinking share of the growth, because the growth is not sitting where the volume is. We map spending power against your own price range in every market you sell in.

03

Category and portfolio strategy

Inside the category, restaurants and cafes compounds at 5.54% a year while canteens manages 4.67%. Those are two different shelf decisions inside one category averaging 5.40%, and the average is what most portfolio reviews are still built on.

04

Segmentation and targeting

Spending on restaurants and hotels by the over-65s compounds at 7.52% a year, against 4.33% for the under-15s. In New York City the over-65s already hold 10% of the category. A pipeline aimed at the wrong life stage is chasing the slower half of the market, and the gap widens every year to 2036.

05

Demand forecasting and sizing

The category adds $3.64 trillion between 2026 and 2036, and none of it arrives evenly. A capacity decision taken now rests on the market that will exist in ten years rather than the one visible today. We project every market and every year to 2050.

FAQ

Questions a hospitality team asks us.

Consumers spend $5.26 trillion on restaurants and hotels in 2026, which is 7.4% of all their spending. The market grows 5.40% a year in current dollars and reaches $8.90 trillion by 2036. Between those two years it adds $3.64 trillion.

The fastest-growing subcategory is restaurants and cafes at 5.54% a year and the slowest is canteens at 4.67%. The category as a whole grows 5.40% a year. The largest subcategory is also restaurants and cafes, at $4.26 trillion, with accommodation services next at $798bn.

New York City spends the most at $99bn a year, followed by Los Angeles at $83bn and San Francisco at $54bn. We estimate the category for all 9,400+ cities in every year to 2040. The top ten of the 253 cities on this page's map hold 28% of the spending it shows.

Among the largest city markets, Manila grows fastest at 10.1% a year and Detroit slowest at 3.2%. The cities adding the most spending by 2036 make a different list, led by Los Angeles at $48bn, New York City at $45bn and London at $34bn.

Yes, every market and city splits the category into five age bands and five spending tiers. Sizing the cohort you target means filtering those same figures, with nothing extra to commission. Genoa has the oldest profile, with 23% of its spending from the over-65s. San Francisco is the most affluent, with 96% from its richest spending tier.

We forecast every country, subcategory and cohort each year to 2050, and every city to 2040. Because one model produces all of them, a market and a city read on the same scale. The method is published and peer reviewed. Our page on how we measure spending sets it out. The average person spends $645 a year on restaurants and hotels today.

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Restaurants & Hotels

A concise slide deck of the key restaurants & hotels spending trends across 194 countries and 9,400+ cities, with national forecasts to 2050 and city forecasts to 2040.

PDF slide deck194 countriesNational to 2050 · Cities to 2040

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