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Hotel industry statistics: Guide for hotels

SiteMinder

Online sales in the hotel segment will generate 80% of total revenue in 3 years. Global Hotel Industry Market Report by Allied Market Research – Analysis of the global hotel industry, including market size, growth trends, key players, and future projections. Hotel occupancy will increase 2.5%

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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. Distribute unused spaces via online sales channels Maximizing the utilization of your parking assets is essential, especially if you have unused parking spaces or experience seasonal fluctuations in demand.

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