Average revenue per available room of the U.S. hotel industry from 2001 to 2019
This statistic shows the average revenue per available room of the United States hotel industry from 2001 to 2019. The RevPAR of the U.S. hotel industry reached 86.76 U.S. dollars in 2019.
Hotels in the U.S. - additional information
The revenue per available room (RevPAR) of the United States hotels industry, along with its average daily rate (ADR) has risen year-on-year, except from in 2009 when both indicators dropped. Since 2009, RevPAR has increased annually reaching its highest value seen on the timeframe in 2016. 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.
The revenue of the U.S. hotel industry has been climbing in recent years, reaching 189.5 billion U.S. dollars in 2015. It is not surprising that the U.S. hotel industry is so profitable given that Americans take around 1.75 billion domestic leisure trips and a further 460 million domestic business trips each year. While international tourism contributes much to the U.S. economy, it is domestic tourism that gives by far the largest share. Popular domestic destinations among U.S. travelers include California, Texas and Florida.
When asked about their preferred type of accommodation in a survey conducted in April 2014, nearly two thirds of U.S. travelers said they most liked to stay full-service hotels. Full-service hotels tend to have higher quality rooms than their limited-service counterparts, with services such as bed turn-downs, room service and newspaper delivery. They also often have better facilities, including their own bars and restaurants. Still, one third of the survey respondents said they preferred to stay in budget hotels and motels.
Hotels in the U.S. - additional information
The revenue per available room (RevPAR) of the United States hotels industry, along with its average daily rate (ADR) has risen year-on-year, except from in 2009 when both indicators dropped. Since 2009, RevPAR has increased annually reaching its highest value seen on the timeframe in 2016. 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.
The revenue of the U.S. hotel industry has been climbing in recent years, reaching 189.5 billion U.S. dollars in 2015. It is not surprising that the U.S. hotel industry is so profitable given that Americans take around 1.75 billion domestic leisure trips and a further 460 million domestic business trips each year. While international tourism contributes much to the U.S. economy, it is domestic tourism that gives by far the largest share. Popular domestic destinations among U.S. travelers include California, Texas and Florida.
When asked about their preferred type of accommodation in a survey conducted in April 2014, nearly two thirds of U.S. travelers said they most liked to stay full-service hotels. Full-service hotels tend to have higher quality rooms than their limited-service counterparts, with services such as bed turn-downs, room service and newspaper delivery. They also often have better facilities, including their own bars and restaurants. Still, one third of the survey respondents said they preferred to stay in budget hotels and motels.
