HoReCa Market Trends: Shaping Hospitality in 2025

HoReCa (Hotels, Restaurants and Catering) is a term used to describe the hospitality industry. It is most commonly used in Europe, but it is also used in other parts of the world, such as India and Australia. In the United States, the most common term for the hospitality market is "hospitality sector". A major factor behind the growth of the global HORECA market is the expansion and development of restaurants and food outlets. For instance, according to JLL's Hotel Momentum India (HMI) Q4, 2021, the Indian hospitality industry saw a revenue per available room (RevPAR) growth of 100.3 percent year on year in the fourth quarter of 2021. The RevPAR for the fourth quarter (October-December) was 41.9 %. Furthermore, according to the National Restaurant Association, sales at U.S. eating and drinking establishments increased 10.2 % to $548.3 billion in 2021, as customers indulged pent-up demand for service experiences they were prohibited during the outbreak.