The United States Hospitality Market Report is Segmented by Chain Scale (Luxury, Upper Upscale, Upscale, and More), by Type (Service Apartments, Budget & Economy Hotels, and More), by Service Model (Full-Service, Select-Service, and More), by End-User, by Distribution Channel, by Ownership & Management Model, by Property Size, and by Region. The Market Forecasts are Provided in Terms of Value (USD).

Hotel room revenue in the United States reached 100.19 billion U.S. dollars in 2024. This figure shows an increase over the previous year's total of 98.19 billion U.S. dollars. In 2025, the country's hotel room revenue is projected to peak at over 102 billion U.S. dollars.

United States Hospitality Industry Market size was valued at USD 15.31 Billion in 2024 and is projected to reach USD 23.68 Billion by 2031, growing at a CAGR of 5.6% from 2024 to 2031.United States Hospitality Market DriversThe market drivers for the United States Hospitality Market can be influenced by various factors. These may include:Economic conditions: The hotel industry is strongly impacted by the nation's overall economic health, which includes variables like GDP growth, employment rates, and consumer spending. People travel more and spend more on hotel services when the economy is doing well.Travel trends: The demand for hospitality services in particular locations may be influenced by shifting travel patterns, such as an increase in domestic or international travel, the rise of bleisure travel (combining business and leisure vacations), and the popularity of particular places.Technological developments: To improve customer experiences, increase operational efficiency, and customize services, the hotel sector is progressively implementing technology. Keyless entrance, personalized recommendations, and smartphone check-in are examples of trends that can affect customer preferences.Regulatory environment: The hospitality sector may be impacted by government laws and regulations, such as those pertaining to taxes, labor laws, and visa requirements. The competitiveness of the market and operating expenses might be impacted by regulatory changes.Consumer preferences: Shifts in the hospitality business can be driven by changes in consumer preferences, which can affect the kinds of services and amenities that are in demand. Examples of these shifts include a growing interest in wellness tourism, sustainable travel, or unique experiences.Rivalry: Pricing strategies and client loyalty may be impacted by the degree of rivalry in the hospitality industry, which includes the existence of well-known brands, fresh competitors, and alternative accommodation options like Airbnb.Global crises and events: The hospitality industry may be significantly impacted by events like health pandemics, natural disasters, geopolitical unrest, or economic downturns, which can alter demand and travel patterns.

A 2024 survey in the United States revealed that, among U.S. adults, the most unacceptable behavior by hotel guests was taking decorative items from the room, with 93 percent of respondents saying so. The second least acceptable type of behavior was smoking in non-smoking rooms. Comparatively, the behavior deemed the most acceptable was requesting extra amenities such as pillows or blankets, with 90 percent of respondents saying so.

The United States' Bureau of Labor Statistics accounted for ***** million people working in the hospitality and leisure industry in the U.S. as of December 2024. This figure shows an increase over the previous year's figure of ***** million.

United States Hospitality Market size was valued at USD 223.93 Billion in 2024 and is projected to reach USD 250.45 Billion by 2032, growing at a CAGR of 4.87% from 2025 to 2032.

United States Hospitality Market Dynamics

The key market dynamics that are shaping the United States hospitality market include:

Key Market Drivers

Growing Demand for Unique and Personalized Experiences: There is a rising demand for tailored and personalized services in the hospitality industry. Travelers increasingly seek unique experiences that cater to their individual preferences, driving the need for custom-made packages, bespoke services, and immersive local experiences. According to the American Hotel & Lodging Association, 70% of consumers consider personalization an essential factor when choosing accommodation and services.

Rise in Domestic and International Travel: With the easing of pandemic-related restrictions, there has been a sharp increase in both domestic and international travel.

The U.S. hospitality industry is projected to be valued at $1.1 trillion in 2024, driven by factors such as increasing consumer awareness and the rising prevalence of industry-specific trends. The market is expected to grow at a CAGR of 5.1%, reaching approximately $1.8 trillion by 2034.

The United States Luxury Hotel Market Report is Segmented by Room Type (Standard Luxury Room, Suites, Villas/Bungalows, Penthouses & Presidential Suites), Booking Channel (Direct Booking, Online Travel Agencies, and Other), Service Type (Business Hotels, Airport Hotels, Suite Hotels, Resorts, Other Service Types), and Geography (Northeast, Midwest, South, West). The Market Forecasts are Provided in Terms of Value (USD).

The US hospitality market is projected to reach a market size of USD 235.96 million by 2033, exhibiting a CAGR of 4.87% during the forecast period. The hospitality industry in the country is driven by factors such as increasing disposable income, rising tourism, and business travel. The demand for vacation rentals and home sharing is also increasing, driven by platforms like Airbnb. The market is segmented into various segments based on type, service, and region. Major players in the market include InterContinental Hotels Group (IHG), Hyatt Hotels Corporation, Best Western Hotels & Resorts, Marriott International, and Hilton Worldwide. Key trends in the market include the adoption of technology, sustainability initiatives, and personalization of guest experiences. Recent developments include: September 2023: IHG Hotels & Resorts opened a new Holiday Inn property in South Philadelphia following a conversion and renovation. Located minutes from Philadelphia International Airport and within walking distance of the city’s primary sports and entertainment facilities complex (which includes Lincoln Financial Field, Citizens Bank Park, and Wells Fargo Center), Holiday Inn Philadelphia Airport Stadium Area delivers a convenient, comfortable, and welcoming experience appropriate for the “City of Brotherly Love.”, August 2023: Wyndham Hotels & Resorts and LuxUrban Hotels Inc., a leading hotel operator with a growing portfolio of nearly two dozen assets in key urban markets across the United States, announced a newly signed deal to bring 16 LuxUrban hotels, representing approximately 1,400 rooms, into the Trademark Collection by Wyndham brand.. Key drivers for this market are: Growing Tourism Increasing Demand for Hospitality Services, Consistent Demand for Business Travel and Corporate Hospitality Services. Potential restraints include: Stringent Government Policies and Regulations Limiting the Market Growth, Lack of Skilled Labor is a Challenge for the Market. Notable trends are: US Hotel Occupancy Soars, Fueled by Diverse Factors and Economic Uptick.

The market size of the hotel and motel sector in the United States was valued at approximately ***** billion U.S. dollars in 2023. This figure shows a *** percent increase over the previous year's total of ***** billion U.S. dollars.

This table contains features that represent hotels and motels, bed and breakfasts, casinos, and casino hotels associated with five NAICS codes. Establishment-specific information except the annual excess food estimate was licensed to the EPA from D&B Hoovers in 2021 (https://www.dnb.com/). Calculations used to estimate annual excess food estimates are described in EPA’s 2023 publication: EPA Excess Food Opportunities Map Version 3 - Technical Methodology. The dataset contains 67,116 facilities.

USD 1270.04 Billion in 2024; projected USD 1989.6 Billion by 2033; CAGR 5.11%.

The USA Hospitality Real Estate Market Report is Segmented by Property Type (Hotels, Resorts & Spas, Others), by Type (Chain Hotels, Independent Hotels), by Asset Class (Affordable/Budget, Midscale, Luxury), and by Geography (Texas, California, Florida, New York, Illinois, Rest of US). The Market Forecasts are Provided in Terms of Value (USD).

The revenue per available room (RevPAR) of the United States hotel industry was ***** U.S. dollars in 2022. This figure reflects an increase over the RevPAR of the previous two years which were impacted by the coronavirus (COVID-19) pandemic. What is RevPAR? Revenue per available room (RevPAR) is a key metric in the hospitality industry. RevPAR is calculated by multiplying the average daily rate (ADR) and the occupancy rate of a hotel. Calculating RevPAR can help hotels with things such as comparing their performance to their competitors and measuring their revenue generating performance to accurately price rooms. Impact of COVID-19 on the tourism industry The coronavirus (COVID-19) pandemic massively impacted in the tourism industry across the globe. Governments imposed travel restrictions, including border closures, in an attempt to reduce the spread of the virus. As a result, the projected number of domestic leisure trips that Americans took in 2020 reflected a **** percent decrease compared to the previous year. Furthermore, domestic business trips also plummeted in that year.

USD 1977.04 Million in 2024; projected USD 5219.83 Million by 2033; CAGR 11.38%.

Comprehensive dataset containing 99,198 verified Hotel businesses in United States with complete contact information, ratings, reviews, and location data.

Graph and download economic data for 12-Month Moving Average of Unweighted Median Hourly Wage Growth: Industry: Leisure and Hospitality and Other Services (FRBATLWGT12MMUMHWGILH) from Dec 1997 to Aug 2025 about growth, moving average, leisure, hospitality, 1-year, average, wages, median, services, industry, and USA.

The USA extended stay hotel market is expected to experience strong growth over the next decade. It is projected to grow from an estimated USD 8.6 million in 2025 to USD 16.8 million by 2035, with a CAGR of 6.9% during the forecast period from 2025 to 2035.

Comprehensive dataset containing 158 verified Hospitality and tourism school businesses in United States with complete contact information, ratings, reviews, and location data.

The boutique hotel market in the United States is set to explode between 2025 and 2035, thanks in part to the increasing consumer friends for distinct, personalized, unique, and experiential travel lodging. A new generation of boutique hotels rose to meet this demand, with their thoughtful design, carefully curated experiences and prioritization of the destination’s culture.