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Hotel  industry in the U.S.- statistics &  facts

The hotel industry in the United States is part of the larger hospitality industry and includes a variety of hotel categories. One way of categorizing hotels is by the level of service they provide, this can range from full-service to limited-service. They can also have specific purposes, some examples include casino hotels, spa hotels, and extended stay hotels. The hotel industry often goes hand-in-hand with the tourism industry, and with the rise of global travel in recent years the market size of the U.S. hotel and motel sector saw year-over-year growth since 2011, reaching almost 200 billion U.S. dollars in 2019. In the same year, there were over two million employees in the U.S. hotel industry. However, due to the severe travel disruption and hygiene concerns caused by the coronavirus (COVID-19) pandemic, both of these figures were forecast to decline in the future.

Which are the leading companies in the U.S. hotel industry?

Some of the leading hotel companies based in the United States include the Wyndham Hotel Group, Marriott International, and Hilton Worldwide, all of which operate various hotel brands ranging from limited-service to full-service establishments. These companies are all key players in the U.S. hotel industry, however, in terms of revenue, Marriott International placed at the top of the list of leading hotel companies worldwide by sales revenue in 2019 accounting for over 20 billion U.S. dollars in revenue. Meanwhile, in a 2020 ranking of leading hotel companies by the number of properties in the Americas, the Wyndham Hotel Group ranked first with over seven thousand properties. Wyndham Hotel Group was also the leading hotel company by properties worldwide that year, with nearly two thousand more properties than competitor Marriott International. Wyndham operates many different hotel brands in its portfolio and the brand "Wyndham Grand Hotels", one of Wyndham’s upscale hotel brands, was the highest rated upper upscale hotel brand in North America in 2020.

U.S. hotel industry key performance indicators (KPIs)

The U.S. is home to many large cities that are popular tourist destinations and contribute greatly to the country’s hotel industry. Some of the most well-known U.S. cities, such as New York City, San Francisco, and Miami had the most expensive hotel rates in the U.S. in 2020. The average price for a hotel room in New York City alone reached over 170 U.S. dollars that year, with prices in San Francisco following close behind. Comparatively, the average daily rate (ADR) of hotels across the whole of the U.S. was 103.25 U.S. dollars, a figure that saw its first decline in a decade in 2020. This came as a result of the COVID-19 pandemic, during which U.S. hotel occupancy rate and U.S. revenue per available room (RevPAR) also showed substantial declines.

Key figures

The most important key figures provide you with a compact summary of the topic of "Hotel industry in the U.S." and take you straight to the corresponding statistics.

Key performance indicators (KPIs)

Key players

Interesting statistics

In the following 5 chapters, you will quickly find the {amountStatistics} most important statistics relating to "Hotel industry in the U.S.".

Hotel industry in the U.S.

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Hotel  industry in the U.S.- statistics &  facts

The hotel industry in the United States is part of the larger hospitality industry and includes a variety of hotel categories. One way of categorizing hotels is by the level of service they provide, this can range from full-service to limited-service. They can also have specific purposes, some examples include casino hotels, spa hotels, and extended stay hotels. The hotel industry often goes hand-in-hand with the tourism industry, and with the rise of global travel in recent years the market size of the U.S. hotel and motel sector saw year-over-year growth since 2011, reaching almost 200 billion U.S. dollars in 2019. In the same year, there were over two million employees in the U.S. hotel industry. However, due to the severe travel disruption and hygiene concerns caused by the coronavirus (COVID-19) pandemic, both of these figures were forecast to decline in the future.

Which are the leading companies in the U.S. hotel industry?

Some of the leading hotel companies based in the United States include the Wyndham Hotel Group, Marriott International, and Hilton Worldwide, all of which operate various hotel brands ranging from limited-service to full-service establishments. These companies are all key players in the U.S. hotel industry, however, in terms of revenue, Marriott International placed at the top of the list of leading hotel companies worldwide by sales revenue in 2019 accounting for over 20 billion U.S. dollars in revenue. Meanwhile, in a 2020 ranking of leading hotel companies by the number of properties in the Americas, the Wyndham Hotel Group ranked first with over seven thousand properties. Wyndham Hotel Group was also the leading hotel company by properties worldwide that year, with nearly two thousand more properties than competitor Marriott International. Wyndham operates many different hotel brands in its portfolio and the brand "Wyndham Grand Hotels", one of Wyndham’s upscale hotel brands, was the highest rated upper upscale hotel brand in North America in 2020.

U.S. hotel industry key performance indicators (KPIs)

The U.S. is home to many large cities that are popular tourist destinations and contribute greatly to the country’s hotel industry. Some of the most well-known U.S. cities, such as New York City, San Francisco, and Miami had the most expensive hotel rates in the U.S. in 2020. The average price for a hotel room in New York City alone reached over 170 U.S. dollars that year, with prices in San Francisco following close behind. Comparatively, the average daily rate (ADR) of hotels across the whole of the U.S. was 103.25 U.S. dollars, a figure that saw its first decline in a decade in 2020. This came as a result of the COVID-19 pandemic, during which U.S. hotel occupancy rate and U.S. revenue per available room (RevPAR) also showed substantial declines.

Interesting statistics

In the following 5 chapters, you will quickly find the {amountStatistics} most important statistics relating to "Hotel industry in the U.S.".

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