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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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Australia’s Hotel Industry – Into 2023 and Beyond 

Inn Quest

The contribution to GDP of the tourism industry on the whole is currently 1.6% (Statista). Other figures from Statista are as follows: Australia’s hotel segment specifically is forecasted to see revenues of US $6.75 The result was increased occupancy, which continued throughout the year and along with an increase in average daily rates.

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Hospitality Industry Statistics You Must Check Before Stepping Into 2023

eZee Absolute

Room revenue is expected to reach $168 billion and occupancy is projected to be 63.4%. AHLA ) In 2022, the global travel and tourism revenue will reach over $600 million. Costar ) Online sales in the hotel segment will generate 80% of total revenue by 2026. The global hotel industry was valued at US$ 628.4 Statista ).

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5 best revenue management consulting companies and services

Little Hotelier

Visit website PJ’s Marketing Mexico PJ’s Marketing Mexico is a business that has grown with its home country’s tourism industry, and can be credited with spurring an impressive portion of that growth. PJ’s boasts a dedicated department of online sales experts, and can take total control of a hotel’s sales arm if a business so chooses.