United States Hotels Market Analytics | US Hotel Market Report

United States Hotels Market Analytics

Summary
Hotels (establishments that provide paid lodging and full guest services, typically with a continuous staff presence) market have seen moderate change in the recent years and is also expected to evolve in similar fashion in the near future.
During 2013-2017 the overall room occupancy rate in the US inclined at a CAGR of 1.75% with 65.72% of occupancy rate in 2017. Considering the occupancy rate by segments, Luxury hotels accounted for highest occupancy of 76.43% in 2017 while Budget hotels segment registered lowest occupancy of 59.67%. The former registered a CAGR of 0.68% while the later recorded a CAGR of 2.06%
The report United States Hotels Market Analytics provides deep dive data analytics on wide ranging Hotels business aspects including overall revenue by customer type – Business and Leisure, by type of hotel – Budget, Midscale, Upscale & Luxury, Room & Non-Room Revenues, Number of Establishments & Rooms and Guest In-Flow’s for the period 2013 to 2017 and forecast to 2022.
The market research report acts as an essential tool for companies active or plans to venture in to United States’s Hotels business. The comprehensive statistics within the report provides insight into the operating environment of the market and also ensures right business decision making based on historical trends and industry model based forecasting.
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Know Scope of Hotels Industry in United States:  United States Hotel Market Report

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