U.S. Hotel Market Report 2022-2026
- Published:
- May 2023
- Research Type:
- Report
- Figures:
- 7
- Segment:
- Hotels & Lodging
- Region:
- U.S. & Canada
Summary
The U.S. hotel & lodging market did not just recover in 2022, it prospered. High demand lifted average daily rates (ADR) and occupancy, leading to a record-breaking year as room revenue swept past pre-pandemic highs. The segment exhibited a healthy 33% year-over-year growth in gross bookings and surpassed 2019 totals handily. Nevertheless, staffing issues and economic concerns continue plaguing the sector, and will pose further challenges in the short-to-medium term.
This report provides a comprehensive view of the U.S. hotel & lodging segment, including detailed market sizing and projections through 2026, distribution trends, key developments and more.
This report is part of the U.S. Travel Market Report 2022-2026 series, which features an overview of the U.S. travel market, along with detailed data and analysis of five key segments: airline, hotel & lodging, car rental, cruise and packaged travel. A standalone report dedicated to online travel agencies rounds out the coverage. Collectively, the series provides comprehensive market sizing, projections and analysis for the U.S. travel industry from 2019-2026.
With the single purchase of the U.S. Travel Market Report 2022-2026 series, the following reports are automatically included at no additional cost:
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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.