As a result of the coronavirus (COVID-19) pandemic the hotel industry has taken a hit in 2020. In May 2020, the average daily rate (ADR) of hotels in Europe was ***** U.S. dollars. Daily hotel prices were lowest in the Asia Pacific region during the same month.

Hotel rate changes worldwide

In each region, corporate average daily hotel rates are forecast to increase by 2020. Asia’s rates are predicted to be higher than the global average, increasing by about ***** percent. Latin America should see a smaller rise of about *** percent, due to the more modest growth in demand within this region. However, these rates were forecast prior to the coronavirus (COVID-19) pandemic therefore will be subject to change.

Hotel occupancy rate

Average daily rates in the hotel industry tend to change throughout the year as they are closely linked to hotel occupancy rates. Specific regions are visited more frequently during certain times of year. For instance, hotel rooms in the Americas were rented more frequently during the summer months, compared to the colder winter months in 2019.

The average daily rate (ADR) of hotels in the United States was ***** U.S. dollars as of November 2020. Due to the impact of the coronavirus pandemic in the hotel industry, this figure dropped to about **** percent when compared to last year's figure.

What is average daily rate?

Average daily rate is a key performance indicator of the hospitality industry. It shows the average room rental price per day in either a specific hotel (independent/chain), or in this case the average room rental price per day of many hotels within the U.S. Other useful KPI’s in the lodging industry are the  occupancy rate and revenue per available room (RevPAR).

Monthly ADR trends

Patterns are quite easy to discern in the monthly ADR of U.S. hotels. It often peaks annually in October and shows a dip in January. This dip could be due to lower spending from consumers after the expensive winter holiday season. Additionally, U.S. hotel ADR rates have shown annual growth month-to-month since 2011.

The average price per nights guests had to pay for *****, four- and five-star hotels in the Netherlands amounted to *** euros in 2017, which is an increase compared to the previous year. Furthermore, it was forecasted that this will grow to an average price of *** euros per night in 2018.

Average daily hotel rates highest in Southern Europe

The average daily rates of hotels in Europe differs according to the area. In 2018, hotels in Eastern Europe had an average price of approximately ** euros per night, whereas in Southern Europe hotel guests had to pay a daily rate of roughly *** euros. Western Europe, in which the Netherlands is located, had an average hotel rate of ****** euros. When observing the forecast of hotel prices in leading city destinations for 2019, Geneva (Switzerland) and Paris (France) led the ranking with average daily hotel rates of ***** and *** euros respectively. Amsterdam, capital city of the Netherlands, ranked sixth. It was forecast that hotel guests had to pay an average rate of approximately *** euros in the so-called ‘’Venice of the North’’.

Amsterdam received most revenue per available hotel room

To measure the performance of hotels, revenue per available room (RevPAR) is the metric used. It is calculated by the hotel’s average daily room rate by its occupancy. Looking at the RevPAR of hotels in major cities in the Netherlands, Amsterdam had a revenue of approximately *** euros per available room. Maastricht, capital city of Limburg, had a revenue of ** euros per room, whereas Utrecht registered a slightly lower RevPAR of ***** euros. .

The average daily rate (ADR) of the United States hotel industry was ****** U.S. dollars in 2022, reflecting an increase over the previous year. The decline in ADR in both 2020 and 2021 can be attributed to the disruptions in travel and stay-at-home restrictions implemented due to the coronavirus (COVID-19) pandemic. What is average daily rate (ADR)? Average daily rate is a key performance indicator of the hospitality industry. It shows the average room rental price per day in either a specific hotel (independent/chain), or in this case the average room rental price per day of many hotels within the U.S. Other useful KPI’s that are used in the lodging industry are the occupancy rate and revenue per available room (RevPAR).

According to the source, hotel guests had to pay just over ** euros for a three-star hotel room in the Brussels-Capital region in 2020, a slight decrease compared to the previous year. Prices for four- and five-star hotels followed the same downward trend. This decline resulted from the coronavirus (COVID-19) pandemic, which hit the global tourism industry in 2020.

The average daily rate (ADR) of hotels in Canada was ****** Canadian dollars as of August 2020.

What is average daily rate?

Average daily rate is a key performance indicator of the hospitality industry. It shows the average room rental price per day in either a specific hotel (independent/chain), or in this case the average room rental price per day of many hotels within Canada. Other useful KPI’s in the lodging industry are the occupancy rate and revenue per available room (RevPAR).

Monthly ADR trends

The monthly ADR of Canadian hotels shows some clear patterns. It often peaks annually in the summer months and shows a dip in the colder months. Typically, the warmer months are high season for most hotels due to factors like longer days and school holidays. Canadian hotel ADR rates have shown annual growth since 2015.

The average daily rate (ADR) represents the average rental income earned for an occupied room per day. In 2022, the ADR of the United States hotel industry was forecast to reach *** U.S. dollars. By 2024, that figure was forecast to increase to *** U.S. dollars.

The coronavirus pandemic caused significant disruptions in the hospitality industry across the globe. In the Nordic region, this can be seen in the decline in the average daily rate (ADR) of hotels in capital cities from April onwards due to restrictions in non-essential travels worldwide. Hotels in Reykjavik experienced the most dramatic price drop from March to April when hotels cost ** euros per night. Prices continued to drop on the fourth quarter of 2020, with hotels in Oslo reaching as low as ** euros per night in December.

For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.

Due to the coronavirus (COVID-19) pandemic, the average hotel occupancy rate in 2020 was greatly reduced; however, not all major cities experienced the same lack of industry. With an average occupancy rate of ** percent, Singapore enjoyed the highest average occupancy rate in 2020 when compared to selected major cities worldwide.

According to a survey conducted among more than *** lodging enterprises in China in February 2020, the average room rates of guesthouses dropped by ** percent during the coronavirus outbreak, compared to the same period last year. The average room price of the surveyed hotels also decreased by ** percent.

As of June 2020, the average daily rate of superluxury hotels in the city of São Paulo, Brazil amounted to nearly *** Brazilian reals. In contrast, a room in an economic hotel in the same city costed ****** Brazilian reals on average in the first half of that same year. The general average daily rate of hotels in São Paulo was at ***** Brazilian reals during the same period.

The average cost for an overnight stay in Rome was significantly higher in 2023 compared to previous years. Over the period considered, the average rate for an overnight stay in the city peaked at *** euros in September 2023, over ** percent higher than in the same month of the previous year.

The occupancy rate of hotels in the United States reached ** percent in October 2024. This shows a slight increase when compared to the previous year. The low occupancy rate during 2020 was due to the impact of the coronavirus (COVID-19) pandemic on the hotel industry.

The coronavirus (COVID-19) pandemic caused the hotel industry across the globe to take a hit. In Canada, there was a year-over-year decrease in average daily rates of hotels - when comparing June 2019 and June 2020, the the average daily rate in Canada dropped from ****** Canadian dollars to ****** Canadian dollars.

As a result of the coronavirus (COVID-19) pandemic the hotel industry in the Americas has taken a hit. In May 2020, the average daily rate of hotels in the Caribbean was ***** U.S. dollars, down from *** U.S. dollars the previous month.

The hospitality sector in France experienced an economic slowdown due to the pandemic crisis caused by the COVID-19 virus. Owing to travel restrictions decided by governments worldwide, the occupancy in French hotels fell drastically. In that respect, prices and revenue in the hospitality industry underwent a negative growth in 2020. According to the source, Île-de-France was the French region where the hotel industry was the most affected, recording a RevPAR loss of **** percent and a decrease of nearly ** percent in the average price for one hotel overnight stay.

In May 2024, the region with the highest hotel occupancy rate worldwide was Europe, at 73 percent, showing a one percent increase over the previous year. Meanwhile, the lower occupancy rates across the board in 2020 and 2021 were due to the impact of the coronavirus (COVID-19) pandemic on the hotel industry.

As of the fourth quarter of 2024, the hotel price index in Denpasar in Bali province, Indonesia stood at ******. This indicated a significant increase compared to the first quarter of the same year. As the tourism industry in Bali has recovered strongly post-pandemic, hotel prices in Denpasar have shown a steady upward trend.

This statistic shows a forecast of the change in corporate average daily rate worldwide for 2020, by region. It was forecasted that corporate average daily hotel rates would increase by between *** to **** percent in Asia in 2020.

The global hotel occupancy rate reached ** percent in December 2024. The highest rates that year were recorded in July and August, both at ** percent.