Revenue per available room of the U.S. hotel industry 2001-2021

The revenue per available room (RevPAR) of the United States hotel industry reached 72.15 U.S. dollars in 2021. This figure reflects an increase over the previous year's total of 45.48 U.S. dollars.

What is RevPAR?

The revenue per available room (RevPAR) is a key metric in the hotel industry used to evaluate a hotel’s performance. RevPAR is measured by taking into account the average daily rate (ADR) and the occupancy rate. Since 2009, RevPAR has increased annually reaching its highest value seen on the timeframe in 2019. On a monthly basis, revenue per available room is generally at its highest rate during July when hotel occupancy peaks and average daily rates are also fairly high in comparison to other months.

Coronavirus impact on U.S. hotel industry

The coronavirus (COVID-19) pandemic caused tremendous impact in the tourism industry across the globe. Governments imposed travel restrictions, including border closures, in an attempt to reduce the spread of the virus. As a result, the projected number of domestic leisure trips that Americans took in 2020 reflected a 23.7 percent decrease compared to the previous year. Furthermore, domestic business trips also plummeted in that year. Domestic leisure trips were forecast to reach its pre-pandemic volume in 2022 while business trips were seen to recover the year after.