Graph and download economic data for Producer Price Index by Industry: Hotels and Motels, Except Casino Hotels (PCU721110721110) from Dec 2003 to Feb 2025 about casino, hotel, PPI, industry, inflation, price index, indexes, price, and USA.

The average daily rate (ADR) of the United States hotel industry was 148.83 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).

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 145 U.S. dollars. By 2024, that figure was forecast to increase to 155 U.S. dollars.

As of the second quarter of 2024, the hotel price index in Denpasar in Bali province, Indonesia reached 118.86 points. As the tourism industry in Bali has recovered strongly post-pandemic, hotel prices in Denpasar have shown a steady upward trend.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Lodging Away from Home in U.S. City Average (CUUR0000SEHB) from Dec 1997 to Feb 2025 about lodging, urban, consumer, CPI, housing, inflation, price index, indexes, price, and USA.

We will create a customized hotels dataset tailored to your specific requirements. Data points may include hotel names, location details, pricing information, amenity lists, guest ratings, occupancy rates, and other relevant metrics.

Utilize our hotels datasets for a variety of applications to boost strategic planning and market analysis. Analyzing these datasets can help organizations understand guest preferences and market trends within the hospitality industry, allowing for more precise operational adjustments and marketing strategies. You can choose to access the complete dataset or a customized subset based on your business needs.

Popular use cases include: optimizing booking strategies, enhancing guest experience, and competitive benchmarking.

The size and share of the market is categorized based on Application (Commercial, Individual) and Product (On-line, Offline, Market) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

The average daily rate (ADR) of hotels in the United States was 90.92 U.S. dollars as of November 2020. Due to the impact of the coronavirus pandemic in the hotel industry, this figure dropped to about 27.7 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.

United States - Producer Price Index by Industry: Hotels and Motels, Except Casino Hotels: Hotel and Motel Food and Beverage and Related Services was 162.80400 Index Dec 2003=100 in January of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Hotels and Motels, Except Casino Hotels: Hotel and Motel Food and Beverage and Related Services reached a record high of 162.80400 in January of 2025 and a record low of 100.00000 in January of 2004. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Hotels and Motels, Except Casino Hotels: Hotel and Motel Food and Beverage and Related Services - last updated from the United States Federal Reserve on March of 2025.

According to Cognitive Market Research, the global mid range hotel market size is USD XX billion in 2023 and will grow at a compound annual growth rate (CAGR) of 6.00% from 2023 to 2030

The demand for mid range hotel market is rising due to therise of online booking platforms and travel websites has greatly enhanced the prominence of mid-range hotels.
Demand for one double bed remains higher in the mid-range hotel market.
The online booking category held the highest mid-range hotel market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific mid-range hotel market will experience the strongest growth until 2030.

Market Dynamics of MID Range Hotel Market

Key Drivers of MID Range Hotel Market

Enhanced Guest Experience and Amenities to Provide Viable Market Output

The mid-range hotel market is the constant focus on enhancing the guest experience. Mid-range hotels are increasingly investing in amenities and services that appeal to a wide range of travelers, including families, business professionals, and tourists. These hotels are incorporating modern technology, such as mobile check-in services and high-speed Wi-Fi, to cater to the needs of tech-savvy guests.

In January 2023, Marriott revealed the inauguration of the first-ever Westin Hotels and Resorts establishment in Uttarakhand, India. The Westin Resort and Spa, Himalayas, is now open for business.

Additionally, they are expanding their offerings to include on-site restaurants, fitness centers, conference facilities, and recreational activities. By providing a diverse array of services, mid-range hotels create a compelling value proposition for guests, ensuring customer satisfaction and loyalty. This focus on guest experience drives positive reviews, repeat business, and positive word-of-mouth referrals, contributing significantly to the growth of the mid-range hotel sector.

Strategic Location and Accessibility to Propel Market Growth

The strategic location of mid-range hotels plays a pivotal role in driving their success. These hotels are often situated in prime areas, offering easy accessibility to popular tourist attractions, business districts, transportation hubs, and entertainment venues. Their convenient locations make them an attractive choice for travelers seeking both comfort and accessibility. Mid-range hotels frequently capitalize on their proximity to key points of interest, allowing guests to explore the local culture and attractions effortlessly. Moreover, their accessibility to public transportation options and major highways makes them convenient choices for travelers, ensuring a steady flow of guests throughout the year.

Growing ease of booking through online portals provides better access to mid-range hotels

Restraint Factors of MID Range Hotel Market

Rising Economic Fluctuations to Hinder Market Growth

The mid-range hotel market is its sensitivity to economic fluctuations. During periods of economic uncertainty, consumers tend to reduce their travel budgets, opting for more budget-friendly accommodation options or cutting down on travel altogether. Mid-range hotels often find themselves in a precarious position, as they need to balance providing quality services with competitive pricing. Economic downturns can lead to reduced occupancy rates and lower average room prices, impacting the overall revenue of mid-range hotels. Additionally, these hotels face pressure from both ends: the need to maintain a certain level of service quality to attract guests and the necessity to keep prices affordable.

Impact of COVID – 19 on Mid Range Hotel Market

The COVID-19 pandemic had a profound impact on the mid-range hotel market. Travel restrictions, lockdowns, and health concerns led to a sharp decline in bookings, occupancy rates, and revenues for mid-range hotels. Many had to temporarily close or significantly reduce their operations, resulting in financial challenges. In response to the pandemic, mid-range hotels implemented strict hygiene and safety protocols to reassure guests, leading to increased operating costs. The shift towards remote work also affected business travel, impacting the segment's corporate clientele. As the situation improved and vaccination efforts progressed, mid-range hotels started to see a slow but steady recovery. According to Cognitive Market Research, the global mid range hotel market size is USD ...

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.

Our specialized Hotel Rates & Pricing Data solutions offer an all-encompassing perspective of the dynamic hospitality market. Whether you're steering a boutique hotel, managing a chain of properties, or overseeing a resort, our platform provides the essential tools to make data-driven decisions that propel you forward in the competitive hospitality landscape.

Gain immediate access to real-time hotel pricing information, enabling you to meticulously track market trends and monitor competitor rates. Our services are designed for flexibility, allowing you to fine-tune parameters such as source websites, data points, and update frequencies to align precisely with your business needs. The adept data aggregation capabilities of our web crawler guarantee a seamless extraction experience from multiple sources, delivering a comprehensive panorama of hotel pricing dynamics.

Stay at the forefront of the competition by refining your pricing strategy based on accurate and up-to-date data. Leverage our Hotel Rates & Pricing Data to pinpoint revenue opportunities, dynamically adjust pricing in response to market fluctuations, and enhance overall profitability. Our reliable data extraction process, fortified by a meticulous 100% verification system, ensures unparalleled accuracy and reliability.

With a rich history spanning over a decade in data extraction, PromptCloud emerges as a steadfast partner for the hospitality industry. Explore uncharted territories in hotel revenue management with our unmatched data solutions, ensuring that your pricing strategies are not only informed and strategic but also finely attuned to the dynamic nature of the market.

As per newly released data by Future Market Insights (FMI), the Pop-up Hotels Sector is estimated at US$ 19.12 Billion in 2022 and is projected to reach US$ 34.24 Billion by 2032, at a CAGR of 6% from 2022 to 2032.

Scope of Report

PromptCloud offers unparalleled data extraction services, enabling businesses to access real-time, comprehensive data from the global travel industry. Our Global Travel Data Dataset is a fundamental resource for companies aiming to understand and capitalize on travel market trends. It provides insights into airfare fluctuations, hotel pricing strategies, traveler preferences, and destination popularity. This dataset is invaluable for tracking industry movements, understanding customer sentiment, and staying ahead in the competitive travel sector.

We are committed to putting data at the heart of your business. Reach out for a no-frills PromptCloud experience- professional, technologically ahead and reliable.

Beyond basic travel data, PromptCloud caters to a wide range of travel-related data needs, from airline databases to hotel aggregators. Our advanced web scraping services are fully customizable, allowing clients to choose their data sources, collection frequencies, and specific data points. This flexibility ensures that our data extraction solutions are perfectly tailored to each client's unique requirements. Our sophisticated data aggregation technology allows for efficient extraction from multiple travel sources, making it ideal for travel agencies, hoteliers, and market researchers.

Leveraging over a decade of experience in travel data extraction, PromptCloud stands as an authoritative source in the field. We ensure the highest data quality and reliability, with a rigorous verification process that underscores our commitment to accuracy and trustworthiness.

Hotel Revenue Management System (RMS) Market size was valued at USD 16.41 Billion in 2023 and is projected to reach USD 29.43 Billion by 2031, growing at a CAGR of 8.7% from 2024 to 2031.

Market Drivers

The growth of the Hotel Revenue Management System (RMS) Market is propelled by several factors:

Increased Focus on Profitability: Hotels are increasingly focusing on optimizing their revenue streams to improve profitability. RMS offers advanced tools for forecasting and pricing, enabling hotels to maximize revenue from their available rooms.
Surge in Tourism and Business Travel: The rise in global tourism and business travel has increased the demand for efficient management systems to handle the booking influx and maximize occupancy rates.
Technological Advancements: Innovations in machine learning, artificial intelligence, and data analytics are enhancing the capabilities of RMS, making them more effective than ever in predicting demand and setting competitive prices.
Integration with Other Systems: Modern RMS solutions are capable of integrating with other hotel management systems, such as Property Management Systems (PMS), Customer Relationship Management (CRM), and Central Reservation Systems (CRS), providing a seamless flow of information and more comprehensive management capabilities.

Graph and download economic data for Producer Price Index by Industry: Casino Hotels: Casino Hotel Alcoholic Beverage and Related Services (PCU721120721120202) from Dec 2003 to Feb 2025 about casino, hotel, alcohol, beverages, services, PPI, industry, inflation, price index, indexes, price, and USA.

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 average daily rate of hotels in India was around 6.9 thousand Indian rupees in fiscal year 2023. The average daily rate for luxury hotels was the highest at 12,923 Indian rupees that same year. The decline in average daily rate came in the wake of the coronavirus (COVID-19) pandemic.

Community rest houses In India, community sleeping places have been present for centuries. These rest houses are called Dharamshalas, literally meaning “a spiritual dwelling”, that provide shelter for pilgrims and travelers during their journey. Most religious establishments have dedicated areas to provide free food and a place to rest within their premises.

Established brands still popular
The hospitality industry is changing at a fast pace with the rise of entrepreneurs and their new and innovative ideas for hotel spaces. Even with tough competition from OYO and Airbnb providing unique accommodations, some traditional hotels have retained their hold on the hotel market in India. Among the various hotel companies across India, The Indian Hotels Company, a subsidiary of the Tata Group conglomerate, was the most successful hotel company based on net sales in 2019. Some successful hotel brands owned by this company are Taj, Ginger, and Vivanta.

Snapshot img

Boutique Hotels Market Size 2025-2029

The boutique hotels market size is forecast to increase by USD 11.36 billion at a CAGR of 7.1% between 2024 and 2029.

The market is experiencing significant growth due to the expanding tourism industry and the increasing preference for unique and authentic experiences among travelers. Boutique hotels offer personalized services, customized health and wellness programs, and catering options that cater to individual needs. Seasonality and demand fluctuations are key challenges for this market, requiring hotels to implement digital solutions such as artificial intelligence and automation to optimize operations and enhance guest experiences. The cruise industry is also integrating boutique hotels onboard ships to cater to the evolving needs of luxury travelers. The market is poised for continued growth as travelers seek personalized, high-quality experiences in the competitive tourism landscape.

What will be the Size of the Boutique Hotels Market During the Forecast Period?

Request Free Sample

The market caters to travelers seeking unique, personalized experiences, focusing on authenticity, local culture, and high-quality service. This market encompasses urban boutique hotels, boutique beach resorts, and independent properties, all offering individualized service and soft branding strategies. Young travelers, particularly millennials, are driving growth in this sector, favoring experiential stays over extended vacations. Online booking and digital platforms facilitate convenience, while social media and online reviews influence consumer decisions. Aesthetics, health services, and eco-conscious travel are key trends, with energy-efficient systems and mobile key systems enhancing the guest experience. Loyalty programs and personalized travel experiences further differentiate this market from mass-market accommodations.

How is this Boutique Hotels Industry segmented and which is the largest segment?

The industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Business hotels
  Suite hotels
  Airport hotels
  Resort hotels


Channel

  Online booking
  In-person booking


Service Type

  Luxury boutique hotels
  Budget boutique hotels
  Family-friendly boutique hotels
  Adults-only boutique hotels


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK
    France
    Italy


  APAC

    China
    India
    Japan


  South America

    Brazil


  Middle East and Africa

By Type Insights

The business hotels segment is estimated to witness significant growth during the forecast period.

Business hotels have gained popularity due to their ability to cater to the distinct needs of business travelers. Strategically located in commercial and financial districts, these hotels offer easy access to major business centers, corporate offices, and conference venues, saving time and providing convenience. Business hotels provide specialized amenities and facilities, such as well-equipped meeting rooms, conference facilities, high-speed Internet access, business centers, printing and copying services, and 24-hour room service. Young travelers, millennials, and extended vacationers also seek experiential stays, personal space, and personalized service, which business hotels often offer. Tech-driven hospitality, themed experiences, pet-friendly accommodations, art-centric hotels, and eco-conscious travelers are other target markets.

Online booking, social media marketing, and loyalty programs are essential digital platforms for these hotels. Sustainable practices, such as energy-efficient systems, water conservation, and locally sourced food, appeal to affluent and leisure travelers.

Get a glance at the Industry report of share of various segments Request Free Sample

The business hotels segment was valued at USD 7.13 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

Europe is estimated to contribute 33% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

For more insights on the market share of various regions, Request Free Sample

Another region offering significant growth opportunities to vendors is North America. They have experienced significant growth in North America over the last decade, catering to travelers seeking personalized and intimate accommodations. Known for their stylish and aesthetically pleasing interiors, these unique lodgings offer a visually appealing experience for those who value design and ambiance. Millennials, short-trip travelers, and extended vacationers, as

Global Hotel Rooms market size 2025 was XX Million. Hotel Rooms Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.