Posts

Showing posts with the label Hotels Market Analytics 2022

United States Hotels Market Analytics | US Hotel Market Report

Image
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 & ...