This statistic shows the average daily rate of hotels in the United States from 2001 to 2015. The average daily rate of the U.S. hotel industry was forecasted to reach 121.37 U.S. dollars in 2015.
Average daily rates in the U.S. - additional information
The average daily rate of hotels in the United States rose steadily from 83.62 U.S. dollars in 2001 to 107.42 U.S. dollars in 2008. After taking a dip of over nine U.S. dollars in 2009, the average daily rate has increased each year and is set to reach 115.53 U.S. dollars in 2014. In 2013, the average daily rate of hotels in the U.S. was 110.35 U.S. dollars – much lower than in the Middle East where the average daily rate was 206.68 U.S. dollars. The geographical region with the lowest average daily rate was Northern Africa at 84.39 U.S. dollars.
In 2013, the occupancy rate of hotels in the United States was 62.3 percent. This figure was much higher than the one seen during the global recession of 2009, which was 54.6 percent. The revenue per available room in the U.S. was 68.69 U.S. dollars and this was forecast to rise to 72.77 U.S. dollars in 2014. In 2013, the most expensive city in the U.S. in terms of average daily rate was Honolulu, Hawaii, followed by New York and Miami, Florida.
In 2012, the revenue of the hotel industry was 155.5 billion U.S. dollars in the U.S. alone. The largest hotel company in the world in terms of revenue in 2013 was InterContinental Hotels Group with 21.6 billion U.S. dollars. Its closest competitor was Marriott International with 12.78 billion U.S. dollars. Despite only generating 5.01 billion U.S. dollars in revenue in 2013, the Wyndham Hotel Group had the most hotels worldwide.