GITNUX MARKETDATA REPORT 2024

Report: Lowest Hotels Rate Statistics

Last Updated: June 23, 2024

How we write

In this post, we explore a diverse range of hotel rates and prices from around the world, offering a comprehensive look at the varying costs of accommodations across different regions and time periods. From the impact of the Covid-19 pandemic on hotel rates to the cheapest destinations for a luxurious stay, these statistics shed light on the dynamic nature of the hospitality industry.

Statistic 1

"The average daily rate for U.S. hotels was $103.57 in 2020, a significant drop from the previous years due to the Covid-19 pandemic.,"

Statistic 2

"In Europe, the average hotel room costs €106.70 per night as of December 2020,"

Statistic 3

"Vietnam had the cheapest 5-star hotels in 2018, with an average rate of $78.85 per night.,"

Statistic 4

"The cheapest hotel room worldwide in 2018 was in Siem Reap, Cambodia, with an average rate of $21.25 per night.,"

Statistic 5

"The average daily rate of hotels in New York city was $261.45 in 2019, the most expensive in the U.S.,"

Statistic 6

"The cheapest month to book a hotel room in the U.S. is January.,"

Statistic 7

"The weekday with the lowest average hotel rates in 2017 was Sunday, according to Hotels.com,"

Statistic 8

"In 2017, the best day to book a hotel for the lowest rate was a Sunday according to Expedia data.,"

Statistic 9

"Hotels in North Africa had the lowest average hotel rate worldwide in 2019 at $83 per night,"

Statistic 10

"Hotels in the Asia Pacific region had the lowest revenue per available room (RevPAR) in 2020, at $37.53.,"

Statistic 11

"The average night cost for hotels in Orlando during the month of May 2021 was $136.92, the lowest in Florida,"

Statistic 12

"The Marriott brand had the lowest average daily rate in 2019, at $158.43, among top U.S. hotel chains.,"

Statistic 13

"The cheapest average hotel rates in Canada can be found in Winnipeg, costing $118 per night on average.,"

Statistic 14

"The average price of a hotel in South America was $70 in 2017.,"

Statistic 15

"The cheapest month to stay in a hotel in Las Vegas is June, with an average price of $87, as of 2020.,"

Statistic 16

"The average price for a budget hotel in India is $27, as of 2021.,"

Statistic 17

"In 2021, the cheapest month to stay at a hotel in Istanbul was February, with an average price of $29 per night.,"

Statistic 18

"The average hotel price in Beijing is $81 per night, as of 2021, making it one of the cheaper major cities in Asia."

Statistic 19

"The average price of a hotel in Seoul is around $84 per night, as of 2021, making it among the cheapest popular travel destinations in Asia."

In conclusion, the hotel rates vary significantly across different regions, with the Covid-19 pandemic having a notable impact on pricing in 2020. Countries like Vietnam and Cambodia offer exceptionally low rates, while major cities such as New York and Orlando tend to be more expensive. Travelers looking to save money should consider booking in January, on Sundays, or targeting specific months like June in Las Vegas or February in Istanbul for the best deals. Overall, the statistics highlight the diverse range of hotel prices globally and offer valuable insights for budget-conscious travelers.

Jannik Lindner

Jannik is the Co-Founder of Gitnux and has been working in the digital space since 2016. He is specialized in content and tech.

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