Revenue of the United States hotel industry from 2001 to 2015 (in billion U.S. dollars)

Loading statistic...
Revenue in billion U.S. dollars
2001115.6
2002115
2003117.8
2004124.5
2005135.5
2006147.2
2007156.4
2008155.6
2009133.3
2010142
2011153.3
2012155.5
2013163
2014176.7
2015189.5
Complete Source Details
About This Statistic

This statistic shows the revenue of the United States hotel industry from 2001 to 2015. In 2013, the revenue of the hotel industry in the U.S. reached 163 billion U.S. dollars.


U.S. hotel industry key performance indicators

To measure the performance of the hotel industry sector three basic benchmark figures are commonly used:

• Occupancy rate
• Average daily rate (ADR)
• Revenue per available room (Revpar)

The occupancy rate denotes the percentage of hotel rooms that are rented out at a given time of all the hotel rooms that are available. In 2015, the occupancy rate of the U.S. hospitality industry was at 65.6 percent, this was the highest seen since 2001.

The average daily rate (ADR) shows the average rate at which hotel rooms were paid. It is calculated by dividing total rooms revenue by the number of rooms that were occupied. In 2015, the ADR of hotel rooms in the U.S. was at 120.01 U.S. dollars according to data published by STR. In North America the average daily rate is relatively stable throughout the year. In 2015, the month with the lowest ADR in North America was January with an average daily rate of 115.48 U.S. dollars, the highest was measured in October (123.74 U.S. dollars).

Revenue per available room (Revpar) is a measure of utilization in the hotel industry and can be calculated by multiplying the average daily rate of a property (market) by its occupancy rate. The Revpar of hotels in the United States was at 78.67 U.S. dollars in 2015. For 2015 a Revpar of 79.06 U.S. dollars is projected. In 2015, the revenue per available room ranged between 61.41 U.S. dollars (December) and 93.61 U.S. dollars (July).

Show more…
Special Functions
Download as ...
Graphic (PNG)
Excel (XLS)
PowerPoint (PPT)
PDF
Options
Settings
Print
Research Alerts
Download started
Please be patient - this may take a moment

Statista Accounts: Access All Statistics. Starting from $708 / Year

Statistics on "Hotels"

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Related Studies: Available to Download in PDF or PPTX Format

Hotels

All Information
in One Presentation

Hotels

Everything On "Hotels" in One Document: Edited and Divided into Handy Chapters. Including Detailed References.

Statista for Your Company: The Research and Analysis Tool

  • Product Film
  • Statistics
  • Downloads

Our Premium Statistics - facts for your business

Currently, Statista provides more than 1 million statistics. 93 percent (all Premium content) are exclusively accessible via our professional accounts.

Unlimited access

As a Statista Premium customer, you receive unlimited access to all statistics at all times. Including downloads of data in the most common formats (XLS, PDF & PNG). Create relevant and significant statistics in no time.

You are in good company

Further Content: Statistics, Studies, and Topic Pages

Our Business Solutions: Save Time and Money

only

$708*

per year
Your advantages
  • Full access to all our statistics
  • Download as XLS, PDF & PNG
  • Relevant data: complete source information
All functions of our platform illustrated face-to-face
  • Learn how Statista supports your company
  • Extensive tour across the whole portal
  • Personal guidance by our support team
The knowledge database for your company
  • All functions of the Premium Account
  • Access to dossiers, forecasts and studies
  • Access to our international database
  • Publishing rights and other exclusive functions