The Most Surprising Us Hotel Industry Statistics And Trends in 2024

In this post, we will explore key statistics and trends in the U.S. hotel industry. From revenue figures and occupancy rates to sustainability initiatives and market projections, these data points provide valuable insights into the current landscape and future outlook of the hospitality sector in the United States.

Statistic 1

"Revenue per Available Room (RevPAR) in the U.S. increased by 7% in 2022."

Sources Icon

Statistic 2

"Occupancy rates in the U.S. hotel industry averaged 66% in 2021."

Sources Icon

Statistic 3

"The U.S. hotel industry generated approximately $300 billion in revenue in 2021."

Sources Icon

Statistic 4

"The U.S. hotel industry recovered to 80% of pre-pandemic levels by late 2021."

Sources Icon

Statistic 5

"The average length of stay in U.S. hotels was 1.8 nights in 2021."

Sources Icon

Statistic 6

"Mobile bookings accounted for 27% of total hotel bookings in the U.S. in 2021."

Sources Icon

Statistic 7

"The U.S. luxury hotel market is expected to grow by 4% annually through 2025."

Sources Icon

Statistic 8

"The number of hotel rooms in the U.S. reached 5.3 million in 2021."

Sources Icon

Statistic 9

"72% of U.S. hotel operators reported a rise in direct bookings in 2022."

Sources Icon

Statistic 10

"Sustainability initiatives have led to a 15% reduction in energy consumption in U.S. hotels."

Sources Icon

Statistic 11

"The U.S. hotel sector contributes around $1.1 trillion to the country's GDP."

Sources Icon

Statistic 12

"Independent hotels in the U.S. make up about 40% of the hotel market."

Sources Icon

Statistic 13

"U.S. hotel occupancy rate hit a record low of 24.5% in April 2020."

Sources Icon

Statistic 14

"Las Vegas holds the highest number of hotel rooms in the U.S. with over 150,000."

Sources Icon

Statistic 15

"The U.S. leads the world in hotel rooms under construction with over 200,000 rooms."

Sources Icon

Statistic 16

"The U.S. hotel industry's employment is projected to grow by 10% over the next decade."

Sources Icon

Statistic 17

"Over 60% of U.S. hotels are franchised properties."

Sources Icon

Statistic 18

"Business travelers comprise 40% of U.S. hotel guests."

Sources Icon

Statistic 19

"U.S. hotel employment saw a decline of 50% during the COVID-19 pandemic."

Sources Icon

Statistic 20

"The average daily rate (ADR) for U.S. hotels in 2021 was $130."

Sources Icon
Overall, the statistics paint a picture of resilience and recovery for the U.S. hotel industry. Despite the challenges brought on by the COVID-19 pandemic, key indicators such as revenue per available room (RevPAR) and occupancy rates have shown significant improvement in recent years. The industry’s focus on sustainability, advancements in technology such as mobile bookings, and the expected growth in luxury hotel market underscore a positive outlook for the sector. With a strong contribution to the country’s GDP, a diverse market including independent hotels, and projections for employment growth, the U.S. hotel industry appears poised for continued success in the years ahead.

... 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!