The market size of the hotel and motel sector in the United States was valued at approximately 231.1 billion U.S. dollars in 2023. This figure shows a 7.7 percent increase over the previous year's total of 214.6 billion U.S. dollars.
Market size of the hotel and motel sector in the United States in 2022 and 2023
(in billion U.S. dollars)
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IBISWorld. (October 12, 2024). Market size of the hotel and motel sector in the United States in 2022 and 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved January 21, 2025, from https://www.statista.com/statistics/1170216/hotel-and-motel-industry-market-size-us/?__sso_cookie_checker=failed
IBISWorld. "Market size of the hotel and motel sector in the United States in 2022 and 2023 (in billion U.S. dollars)." Chart. October 12, 2024. Statista. Accessed January 21, 2025. https://www.statista.com/statistics/1170216/hotel-and-motel-industry-market-size-us/?__sso_cookie_checker=failed
IBISWorld. (2024). Market size of the hotel and motel sector in the United States in 2022 and 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: January 21, 2025. https://www.statista.com/statistics/1170216/hotel-and-motel-industry-market-size-us/?__sso_cookie_checker=failed
IBISWorld. "Market Size of The Hotel and Motel Sector in The United States in 2022 and 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 12 Oct 2024, https://www.statista.com/statistics/1170216/hotel-and-motel-industry-market-size-us/?__sso_cookie_checker=failed
IBISWorld, Market size of the hotel and motel sector in the United States in 2022 and 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1170216/hotel-and-motel-industry-market-size-us/?__sso_cookie_checker=failed (last visited January 21, 2025)
Market size of the hotel and motel sector in the United States in 2022 and 2023 (in billion U.S. dollars) [Graph], IBISWorld, October 12, 2024. [Online]. Available: https://www.statista.com/statistics/1170216/hotel-and-motel-industry-market-size-us/?__sso_cookie_checker=failed