GITNUX MARKETDATA REPORT 2024

Average Daily Rate Hotel Statistics [Fresh Research]

With sources from: riotimesonline.com, hotelchamp.com, sftravel.com, afr.com and many more

In this post, we examine a series of hotel statistics from different regions around the world, shedding light on the average daily rates in various cities and countries. From the bustling metropolis of New York City to the charming streets of Edinburgh, these statistics provide insights into the diverse pricing trends within the global hospitality industry.

Statistic 1

"In 2019, the average daily rate of hotels in the US was $131.21."

Sources Icon

Statistic 2

"In 2020, the average daily rate of hotels in Europe was 86.54 euros."

Sources Icon

Statistic 3

"In 2019, New York City had the highest average daily rate among US cities at $262."

Sources Icon

Statistic 4

"In 2020, Edinburgh had the highest average daily rate across the United Kingdom at £49."

Sources Icon

Statistic 5

"In Q3 2020, the average daily rate of hotels in the Asia Pacific region was $90.52."

Sources Icon

Statistic 6

"In 2021, Sydney had an average daily rate of AU$130.73 (USD 98.63)."

Sources Icon

Statistic 7

"In 2019, the average daily rate of hotels in Singapore was S$203.33 (USD 152.92)."

Sources Icon

Statistic 8

"In 2019, the average daily rate of hotels in London was £121.68 (USD 170.92)."

Sources Icon

Statistic 9

"In 2020, the average daily rate of hotels in San Francisco was $152.19."

Sources Icon

Statistic 10

"In 2020, the average daily rate of hotels in Hong Kong was HKD 923.90 (USD 118.96)."

Sources Icon

Statistic 11

"In 2019, the average daily rate of hotels in Toronto was CAD 185.58 (USD 142.76)."

Sources Icon

Statistic 12

"In 2020, the average daily rate of hotels in Rio de Janeiro was BRL 309.87 (USD 57.31)."

Sources Icon

Statistic 13

"In 2019, the average daily rate of hotels in Amsterdam was €105.12 (USD 126.25)."

Sources Icon

Statistic 14

"In 2020, the average daily rate of hotels in Tokyo was JPY 12,903 (USD 119.26)."

Sources Icon

Statistic 15

"In 2019, the average daily rate of hotels in Beijing was CNY 559.20 (USD 84.92)."

Sources Icon

Interpretation

Overall, the statistics presented paint a diverse picture of the average daily rates of hotels across different regions and cities. The data shows significant variations in hotel rates between countries and cities, reflecting factors such as economic conditions, tourism trends, and demand-supply dynamics. From the high rates in cities like New York and Singapore to the comparatively lower rates in Edinburgh and Tokyo, it is evident that travelers should be prepared for a wide range of accommodation costs depending on their destination. These statistics highlight the importance of conducting thorough research and planning to budget effectively for hotel expenses while traveling.

Can You Trust Our Report?

The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.

Learn more about our process here.

Submit Your Own Statistic Data

Would you like to submit your own researched statistics on this topic? You are welcome to use the form below and submit your suggestion to us. We will check the source and approve it if necessary.

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!