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Hotel industry statistics: Guide for hotels

SiteMinder

Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. Hotel occupancy will increase 2.5% Online sales in the hotel segment will generate 80% of total revenue in 3 years. Average US occupancy rate is just under 65%. million people.

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Parking as a source of revenue for hotels

Hotel Business

Conduct market research to understand local trends and assess whether other hotels in your competitive set charge for parking. Rate optimization: Analyzing historical data, market trends and competitor pricing to determine the optimal rate for your parking spaces.

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