About This Statistic
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 reached 120.01 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 reached 120.01 U.S. dollars in 2015. The average daily rate of hotels in the Americas in 2015 was 120.88 U.S. dollars – much lower than in the Middle East and Africa where the average daily rate was 160.11 U.S. dollars. The geographical region with the lowest average daily rate was Asia Pacific at 108.79 U.S. dollars.
In 2015, the occupancy rate of hotels in the United States was 65.6 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 had also increased since 2009 in the U.S. from 53.57 U.S. dollars to 78.67 U.S. dollars in 2015. In 2014, the most expensive city in the U.S. in terms of average daily rate was New York, followed by Honolulu, Hawaii and San Francisco, California.
The largest hotel company in the world in terms of revenue in 2014 was InterContinental Hotels Group with 22.8 billion U.S. dollars. Its closest competitor was Marriott International with 13.8 billion U.S. dollars. Despite only generating 5.28 billion U.S. dollars in revenue in 2014, the Wyndham Hotel Group had the most hotels worldwide as of January 2015.