The year-over-year monthly change in the number of hotel bookings worldwide dropped to *** percent in April 2020. The sharp change in hotel bookings was due to the impact of the coronavirus (COVID-19) pandemic on international travel and the hotel industry. Three years later, in April 2023, the monthly change in the number of hotel bookings was ** percent.

This statistic shows the results of a survey conducted in the United States in January 2017. U.S. adults who would like to go on a spring vacation were asked which channel they prefer to use when booking a hotel for a vacation. During the survey, ** percent of the respondents said they prefer using an online channel to book a hotel.

Employment statistics on the Online Hotel Booking industry in the US

Data includes occupancy rates, average daily rates, and revenue per available room.

Introduction

Booking.com Statistics: Booking.com, a subsidiary of Booking Holdings, is a leading global online travel agency headquartered in Amsterdam. As of 2024, it offers lodging reservations for approximately 3.4 million properties, including 475,000 hotels, motels, and resorts, and 2.9 million homes and apartments across over 220 countries and territories. The platform supports over 40 languages and provides flight bookings in 55 markets, along with tours and activities in more than 1,300 cities.​

In 2024, Booking.com reported a revenue of $23.7 billion, a 14% increase from the previous year. The company achieved gross bookings of $165.6 billion and facilitated 1.1 billion room nights, marking a 9% growth year-over-year. Additionally, net income per diluted share rose by 47% to $172.69, while adjusted net income per diluted share increased by 23% to $187.10.​ This article explains some of the major Booking.com statistics and events that define platform performance in 2024.

This statistic shows the distribution of hotel room nights booked in the United States by channel in the third quarter of 2016. In this period, 21.6 percent of hotel bookings were made through an online travel agent or an OTA.

The Capsule Hotel Booking Services market has emerged as a transformative segment within the hospitality industry, catering to the evolving preferences of modern travelers who seek affordability, efficiency, and unique experiences. Capsule hotels, which offer compact sleeping spaces, have gained significant traction

Graph and download economic data for Producer Price Index by Industry: Travel Agencies: Hotel Bookings (PCU5615105615102111) from Dec 2011 to May 2025 about hotel, agency, travel, PPI, industry, inflation, price index, indexes, price, and USA.

The change in monthly hotel bookings in October 2023 compared to 2019 was minus four percent. This follows an annual trend where a decline in bookings is seen in October at the start of winter.

The Report Covers Global Luxury Hotel Market Share and is Segmented by Type (Business Hotels, Airport Hotels, Suite Hotels, Resorts, and Other Hotels) and by Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

The Report Covers Global Online Hotel Booking Industry Trends and is Segmented by Platform (Mobile Application, Website), Mode of Booking (Third-party online portals, Direct/captive portals), Geographical Region (North America, Asia Pacific, Europe, Latin America, Middle East, and Africa).

Over the past five years, the Global Hotels and Resorts industry has expanded. The current period started with a pandemic-low revenue level. As business and travel activities gradually resumed, industry revenue surpassed the pre-pandemic level in 2023. However, rising inflation following the pandemic and geopolitical tensions depressed the potential revenue growth. Further, stringent fatal aviation accidents and potential tariff war further deteriorate consumer confidence, inducing them to put off travel plans. Overall, industry revenue is expected to grow at an annualized rate of 14.2% to $1.8 trillion over the five years to 2025, including a 2.4% growth in 2025. In the same year, profit is also expected to reach 18.5%. While the prominence of well-known hotel chains looms over the industry, it still experiences low concentration since it has numerous small independent hotels. Due to low concentration, the industry remains highly competitive, and the steady increase in the supply of new hotel rooms has limited the hotels' ability to raise room prices. However, the industry is changing and continues to become more consolidated. This gives larger chains control over industry parts through loyalty programs and discounted pricing structures. Over the next five years, the largest growth will likely be in Asia and the Pacific, which will help emerging economies surpass several developed economies as favored destinations for tourists. However, uncertainty in some markets, specifically those with political and health risks, will hamper consumer sentiment early during the outlook period, placing pressure on hotels. Further, the potential tariff war between the US and other powerhouses such as China and the EU will likely affect travel rates as these countries strengthen their border control. Even so, more hotels and resorts will be built due to travel rates expected to rise overall, which should drive industry revenue growth. Overall, industry revenue is projected to increase at an annualized rate of 2.2% to $2.0 trillion over the five years to 2030.

The Hotel Reservation and Booking Software market plays a crucial role in the hospitality industry by streamlining the booking process for hotels, allowing them to efficiently manage reservations, inventory, and guest experiences. As the travel and tourism sector continues to grow post-pandemic, the demand for robus

The Boutique Hotel Booking market has experienced remarkable growth as travelers increasingly seek personalized and unique lodging experiences that extend beyond the offerings of traditional hotels. This segment of the hospitality industry is characterized by its emphasis on style, individuality, and tailored servic

Customer behavior and booking possibilities have been radically changed by online hotel reservation channels. Cancellations or no-shows cause a significant number of hotel reservations to be canceled. Cancellations can be caused by a variety of factors, such as scheduling conflicts, changes in plans, etc. In many cases, this is made easier by the possibility of doing so free or at a low cost, which is beneficial for hotel guests but less desirable and possibly revenue-diminishing for hotels.

As a Data Scientist, your job is to build a Machine Learning model to help the Hotel Owners better understand if the customer is going to honor the reservation or cancel it ?

Dataset Description The file contains the different attributes of customers' reservation details. The detailed data dictionary is given below Booking_ID: unique identifier of each booking No of adults: Number of adults No of children: Number of Children noofweekend_nights: Number of weekend nights (Saturday or Sunday) the guest stayed or booked to stay at the hotel noofweek_nights: Number of week nights (Monday to Friday) the guest stayed or booked to stay at the hotel typeofmeal_plan: Type of meal plan booked by the customer: requiredcarparking_space: Does the customer require a car parking space? (0 - No, 1- Yes) roomtypereserved: Type of room reserved by the customer. The values are ciphered (encoded) by INN Hotels. lead_time: Number of days between the date of booking and the arrival date arrival_year: Year of arrival date arrival_month: Month of arrival date arrival_date: Date of the month Market segment type: Market segment designation. repeated_guest: Is the customer a repeated guest? (0 - No, 1- Yes) noofprevious_cancellations: Number of previous bookings that were canceled by the customer prior to the current booking noofpreviousbookingsnot_canceled: Number of previous bookings not canceled by the customer prior to the current booking avgpriceper_room: Average price per day of the reservation; prices of the rooms are dynamic. (in euros) noofspecial_requests: Total number of special requests made by the customer (e.g. high floor, view from the room, etc) booking_status: Flag indicating if the booking was canceled or not.

The Online Hotel Booking Software market has witnessed significant growth as the hospitality industry continues to embrace digital transformation. With a current market size exceeding several billion dollars, this sector has evolved from traditional booking methods to sophisticated software solutions that streamline

In the fourth quarter of 2023, the number of hotel booking app downloads in Indonesia amounted to around *** million, indicating an increase from the previous year. In the same year, the number of travel app downloads in Indonesia reached around **** million.

This statistic shows the share of gross hotel booking revenue coming from bookings made through online travel agencies (OTAs) in Europe between 2012 and 2016. In 2014 online travel agencies accounted for almost ** percent of gross hotel bookings.

The United Kingdom Hospitality Industry Segments by Sector (Accommodation, Food and Beverage Service Establishments, and More), by Service Model (Full-Service, Limited / Budget and More), by End-User (Leisure Travellers, Business Travellers and More), by Booking Channel (Direct, Online Travel Agencies, and More), by Ownership Model (Independent Operators and Chain / Branded), by Geography.

The Hotel Reservation System (HRS) market has become an integral facet of the hospitality industry, serving as a pivotal tool that streamlines the booking process for both operators and guests. These systems enable hotels to manage reservations efficiently, optimize occupancy rates, and enhance the overall customer