This statistic shows the quarterly average daily rate of hotels in New York in 2016 and 2017. In the first quarter of 2017, the average daily rate of hotels in New York in the United States was 257 U.S. dollars.

Accommodation in New York - additional information

The average daily rate of hotels in New York appears to be much higher in the fourth quarter of the year, reaching 389 U.S. dollars in 2016. In 2016, New York was the second most expensive city in the United States for hotel rates, followed by San Francisco where the average daily rate was 231 U.S. dollars for the full year.

New York was the most expensive city for business travel in the United States in 2016, in terms of daily hotel cost. Within the state of New York, Montauk was the most expensive destination in terms of hotel rates. It does not end with the room rates: while ranking seventh in the world on a list of the most expensive cities for hotel room service, New York was still the second most expensive city in U.S.

There are cheaper accommodation services available for those visiting New York. New York residents themselves are happy to try out Airbnb with 64 percent of them saying they would at least consider using the services in the few days between rental contracts when moving to a new apartment. That said, 44 percent of New Yorkers were worried about the kind of people who might be renting out their rooms and apartments.

The average cost for overnight accommodation in New York was 504 U.S. dollars in September 2023. Overnight accommodation costs in the Big Apple experienced an overall increase since the beginning of the year.

This statistic shows the average daily rate of hotel and Airbnb rooms in New York City between September 2014 and August 2015. During that time, the average daily rate of New York City hotel rooms was 276.08 U.S. dollars.

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.

As of July 3, 2020, properties with four or more bedrooms in New York had the highest average daily rate (ADR) on Airbnb, at 477 U.S. dollars. Shared rooms in New York had the lowest ADR, with around 39 U.S. dollars. Average daily rates for Airbnb are calculated based on the median (50 percent) average rental price of that type of property. For example the Airbnb supply shows there are 1,195 listings for a studio in New York - the data therefore indicates the average rate of the 597th cheapest property.

This statistic shows the average daily rate by Airbnb room type in New York City between September 2014 and August 2015. During that time, the average daily rate for a private room in an Airbnb residence in New York City was 128.54 U.S. dollars.

The graph depicts the average price of a hotel room in 2010 and 2011* around the world. In Europe, the average cost for a hotel room was 167.76 U.S. dollars.The Hotel Price Index (HPI) is based on bookings made on hotels.com. The prices shown are those actually paid by the customer. The sample set are about 110,000 properties in more than 18,000 global locations.

Average hotel room prices - additional information

In both 2010 and 2011, the Caribbean was the most expensive region in the world to for hotel stays, with an average hotel room price of 207.11 U.S. dollars in 2011. The Caribbean, located to the south east of North America and the Gulf of Mexico, includes many popular vacation destinations such as the Bahamas, Cuba, Barbados and the Dominican Republic. The region is well-known for its natural beauty and luxury resorts. In 2013, Soufriere, St. Lucia, was one of the most expensive destinations for U.S. travelers in terms of hotel costs, second only to Bora Bora in French Polynesia, where the average daily rate for a hotel was 770 U.S. dollars. Despite the cost, Caribbean cruises were the most popular vacations in the U.S. according to travel company Travel Leaders Group.

A close neighbour of the Caribbean, North America saw the lowest average hotel price in 2010 and 2011. While low in comparison to other regions, the average daily rate of hotels in the U.S. has risen year-on-year since the global recession of 2009 and, in 2013, the U.S. hotel industry generated 163 billion U.S. dollars in revenue. The United States also has some expensive destinations of its own: the most expensive U.S. city for hotel rates in 2013 was Honolulu, Hawaii, with an average daily rate of 230 U.S. dollars. New York ranked second at 211 U.S. dollars a night.

As well as being the region with the second highest average hotel price, hotels in Europe also charge the most for room service. Six out of ten of the most expensive cities in the world for hotel room service were located in Europe in 2014. Helsinki in Finland was the most expensive at just under 90 U.S. dollars.

This statistic shows the quarterly average daily rate of hotels in San Francisco in 2016 and 2017. In the first quarter of 2017, the average daily rate of hotels in San Francisco in the United States was 338 U.S. dollars.

Accommodation in San Francisco - additional information

San Francisco is located in northern California on the west coast of the United States and is the second most densely populated city in the country after New York City. The highest average daily hotel rates in San Francisco was seen in the first quarter of 2017 at 338 U.S. dollars. This represented an increase in average daily rate of around 14 U.S. dollars compared to the same quarter in the previous year.

In 2016, 3.93 million people from overseas visited San Francisco, spending 5.9 billion U.S. dollars there. The city is also popular with U.S. travelers who ranked the destination fifth on a list of domestic cities they would most like to visit – perennial favorites are Las Vegas and New York. It is not, however, always cheap to stay in San Francisco. For business travelers, it was the second most expensive destination in the U.S. with an average cost per day of more than 530 U.S. dollars in 2016.

As of May 2013, San Francisco was one of the top U.S. cities associated with food tourism. It is also home to two of the most visited tourist attractions worldwide: Golden Gate Park and Pier 39. According to 95 percent of locals, people are very welcoming to tourists there.

As of October 2024, the city with the most expensive hotel rate in the United States was Boston. Visitors to the East Coast city could expect to pay 320 U.S. dollars for a doube room during that period. Meanwhile, New York ranked third with an average rate of 284 U.S. dollars.

As of December 2024, San Diego recorded the highest average price per night of Airbnb listings among the selected cities in the United States. In this city, accommodation listed on the Airbnb website cost on average 296 U.S. dollars per night. Meanwhile, prices in New York City amounted to an average of 119 U.S. dollars per night.