Travel + Leisure's 15min Chart Displays Bollinger Bands Expanding Downward, Bearish Marubozu

According to the 15-minute chart of Travel + Leisure, the Bollinger Bands are expanding downward, and a bearish Marubozu pattern was observed on September 16, 2022 at 10:15. This indicates that the market trend is currently being driven by sellers, and that bearish momentum is likely to persist in the near term.

The global travel accommodation market is experiencing significant growth, driven by various trends and market drivers. According to HTF Market Intelligence, the market size was valued at USD 873.7 billion in 2024 and is expected to reach USD 2,071.2 billion by 2033, with a compound annual growth rate (CAGR) of 10.07% from 2025 to 2033 Travel Accommodation Market Is Booming So Rapidly: NH Hotel Group, Kimpton Hotels & Restaurants, AccorHotels^[1].

The market is segmented by application, including leisure travel, business travel, and group travel, and by type, such as hotels, resorts, hostels, vacation rentals, and bed & breakfasts. Major players in the market include Marriott International, Hilton Worldwide Holdings, Hyatt Hotels Corporation, AccorHotels, and NH Hotel Group, among others Travel Accommodation Market Is Booming So Rapidly: NH Hotel Group, Kimpton Hotels & Restaurants, AccorHotels^[1].

Several trends are shaping the travel accommodation market. Increasing popularity of alternative accommodations like vacation rentals and the adoption of contactless check-in and digital concierge services are notable trends. Additionally, sustainability trends are driving the demand for eco-friendly and green accommodations, while the growth of luxury and experiential travel is influencing property development Travel Accommodation Market Is Booming So Rapidly: NH Hotel Group, Kimpton Hotels & Restaurants, AccorHotels^[1].

Market drivers include the growth of international tourism and business travel, rising disposable incomes enabling more frequent leisure travel, and the expansion of online travel agencies and booking platforms. Bleisure travel, combining business and leisure stays, is also a significant driver Travel Accommodation Market Is Booming So Rapidly: NH Hotel Group, Kimpton Hotels & Restaurants, AccorHotels^[1].

The market faces several challenges, including intense competition leading to price pressures, vulnerability to geopolitical tensions and global health crises affecting travel demand, and operational challenges in maintaining hygiene and safety standards. Rising customer expectations for personalized services and fluctuations in exchange rates also pose challenges Travel Accommodation Market Is Booming So Rapidly: NH Hotel Group, Kimpton Hotels & Restaurants, AccorHotels^[1].

The dominating region is Europe, while the fastest-growing region is Asia-Pacific. North America, South & Central America, Middle East & Africa, and Oceania also play significant roles in the market Travel Accommodation Market Is Booming So Rapidly: NH Hotel Group, Kimpton Hotels & Restaurants, AccorHotels^[1].

American Express has recently launched the Amex Travel App and Amex Passport, along with enhancements to the Centurion Lounge Digital Waitlist, aimed at simplifying and enhancing the travel experience for its card members American Express launches new travel app, digital tools to enhance premium travel experience^[2].

In summary, the travel accommodation market is booming, driven by various trends and market drivers, while facing challenges that require innovative solutions. The market is expected to continue growing, presenting opportunities for investors and financial professionals.