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U.S. Hotel & Lodging Market Report 2021-2025
- Published:
- March 2022
- Research Type:
- Report
- Figures:
- 7
- Segments:
- Hotels & Lodging, Online Travel Agencies
- Regions:
- U.S. & Canada
Summary
U.S hotel gross bookings gained 65% year over year in 2021, as the segment mounted a recovery while still contending with a persistent virus and related challenges. Room occupancy vacillated between 60% and 80%, corresponding with seasonal travel peaks and virus-induced troughs. By 2023, hotel revenue is expected to recover to pre-pandemic levels, being one of the first travel segments in the U.S. market to do so.
This report provides a comprehensive view of the U.S. hotel & lodging segment, including detailed market sizing and projections, distribution trends, key developments and more. Also available in the U.S. Travel Market Report 2021-2025 series (available now or coming soon):
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What is Open Access
An Open Access subscription provides company-wide access to the whole library of Phocuswright’s travel research and data visualization.