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Industries

Hotel Industry Statistics By Technology, Employment, Marketing, Demographics And Facts

Saisuman RevankarBy Saisuman RevankarJanuary 13, 2025Updated:March 26, 2025No Comments25 Mins Read
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Hotel Industry Statistics

Introduction

Contents

  • Introduction
  • Editor’s Choice
  • What is the Hotel Industry?
  • Types of Hotels
  • General Hotel Industry Statistics
  • Hotel Industry Technology Statistics
  • Hospitality Market Segment Statistics
  • Hotel Industry Employment Statistics
  • Regional Hotel Industry Statistics
  • Fun Facts About the Hotel Industry
  • Hotel Marketing Statistics
  • Demographics Hotel Industry Statistics
  • Hotel Industry Consumer Preferences Statistics
  • Trends in Travel Statistics
  • Why Are Stars Measures Used to Rate The Hotel?
  • Conclusion

Hotel Industry Statistics: Hotels were among the first businesses to be affected when social distancing became the new normal. But now that things are getting back to normal, more people are travelling than ever. The hotel and resort industry is expected to reach a value of $1.27 trillion by 2031. Although this is lower than the $1.52 trillion the industry was worth just 4 years ago, it’s still a positive sign.

The main purpose of hospitality is to offer customers enjoyable experiences. Whether it’s through small hotels, event planning, large hotel chains, restaurants, airlines, or travel agencies, the industry is important to both national and global economies. Let’s see what the Hotel Industry Statistics state in 2025.

Editor’s Choice

  • On average, 62.2% of hotel rooms are occupied at any given time, according to industry data.
  • In 2023, the hotel industry was expected to recover about $1.6 trillion of the losses it faced during the pandemic.
  • In the U.S., revenue per available room (RevPAR) in 2022 was forecasted to be $92 and is expected to increase to $103 by 2024.
  • When it comes to rental properties, 74% of millennials, 38% of Gen Xers, and 20% of baby boomers have booked them.
  • As of February 2023, the hotel occupancy rate in the U.S. was 64.2%.
  • The accommodation industry in the U.S. provides jobs for around 1.6 million people each year.
  • By 2023, 97% of hotels in the accommodation sector had installed sanitizing stations across their properties.
  • In 2023, the Asia Pacific region became the largest market for hotels, holding 42% of the global hotel market share.
  • For large hotel chains, more than 50% of room bookings come from loyalty members.
  • Hotel Industry Statistics stated that almost 6% of travellers are willing to pay extra for an eco-friendly hotel.
  • Most travellers book their hotels and flights about 12 weeks in advance, while 48% of experience bookings are made upon arrival.
  • The global hospitality industry grew at a rate of 7% per year, reaching $4,699.57 billion in 2023.

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What is the Hotel Industry?

The hotel industry is growing quickly and is expected to reach $5,816.66 billion by 2027, with a yearly growth rate of 5.5%. The number of users is also expected to hit 1.33 billion by 2027.

While the hotel industry today looks different, it has been around for thousands of years. It is based on two main ideas: respect from hosts to guests and respect from guests to hosts.

The main goal of the hotel industry is to offer services to guests. It’s a business focused on providing places for people to stay.

The hotel industry includes different areas, such as lodging services, food and drink services, tourism, transportation, and events. These areas often work together to create a complete experience for guests.

At its core, customer experience and excellent service are the main focus. Hotels can encourage guests to return by improving restaurant services and making sure the overall experience and customer service are top-notch.

Types of Hotels

When you choose where to stay during your trip, the type of hotel you pick can make a big difference in your experience. Whether you’re looking for luxury or a cosy place, there’s a hotel that fits every budget and needs. Here’s a look at different types of hotels:

Hotel-Room-Types-Classification-Chart-XOTELS

(Source: xotels.com)

#1. Luxury Hotels

  • Luxury hotels are all about comfort and extravagance. They offer spacious rooms with high-quality furniture, great service, and fancy amenities like fine dining, spas, and private pools. Staying in a luxury hotel feels like a special treat, perfect for celebrating an occasion or just pampering yourself.

#2. Boutique Hotels

  • Boutique hotels are small, unique hotels usually located in the heart of the city. They stand out because they offer personal service and a special atmosphere. With fewer rooms than larger hotels, they create a cosy vibe and focus on making guests feel like they are the priority.

#3. Business Hotels

  • Business hotels cater to people travelling for work. They have features like meeting rooms, fast internet, and business centres. These hotels are usually located near business areas or transportation hubs, making them easy to get to for meetings or conferences. They provide everything a business traveller needs to stay productive and relaxed.

#4. Budget Hotels

  • Budget hotels are perfect for those who want a comfortable place to sleep without spending too much. They offer basic services like clean rooms and private bathrooms but don’t have the extra luxury of more expensive hotels. These hotels are ideal for travellers who prefer to save money for other activities instead of spending it on fancy accommodations.

#5. Bed and Breakfasts (B&Bs)

  • Bed and breakfasts offer a homey experience. These are usually smaller places run by the owners, where guests enjoy cosy rooms and homemade breakfast. B&Bs are perfect for travellers who like a friendly atmosphere and the chance to meet other people while travelling.

#6. Resorts

  • Resorts are designed for relaxation and fun, often located in scenic places like beaches, mountains, or countryside. They offer amenities like swimming pools, golf courses, restaurants, and activities. Resorts are great for vacations where you want to relax and enjoy different things without leaving the hotel.

#7. Couple-Friendly Hotels

  • Couple-friendly hotels focus on creating a romantic and private experience for couples. These hotels respect privacy and offer services that make guests feel comfortable and secure. They are ideal for couples looking for a peaceful getaway with plenty of privacy and a personal touch.

Each type of hotel offers its own unique experience, so your choice will depend on what you’re looking for during your stay.

General Hotel Industry Statistics

  • As of 2023, there are over 700,000 hotels and resorts around the world.
  • From January to August 2023, hotel occupancy averaged 68% per month, a 10% increase compared to the same months in 2022, which had an average of 62%.
  • In June 2023, hotel occupancy hit 73%, a 5% increase compared to June 2022.
  • In the fourth quarter of 2023, hotel occupancy that was already booked averaged 21% globally.
  • A total of 2,460 new hotels opened worldwide in 2023, up from 1,842 in 2022. The number of new openings is expected to reach 2,707 in 2024.
  • There are at least 17.5 million guest rooms across the globe.
  • The global hospitality market was worth $4.7 trillion in 2023 and is predicted to grow to $5.8 trillion by 2027, with a yearly growth rate of 5.5%.
  • Hotel occupancy rates worldwide were consistently 10% higher in 2023 than in 2022.
  • The global Revenue per Available Room (RevPAR) reached a record high of $104, a 29% increase from 2022.
  • The global average RevPAR for 2023 is $116, compared to $99 in 2022 and $117 in 2019 before the pandemic.
  • The global hotel industry is expected to reach $1.05 trillion by 2025, growing at a rate of 7% per year.
  • The global hotel industry is expected to grow by 8.1%, reaching a value of $1.27 trillion, which is 20% higher than the $1 trillion average in 2020.

Hospitality Global Market Report 2025

  • Between 2018 and 2023, the global hotel market grew by 1.1% year-over-year.
  • Hotel Industry Statistics stated that hotel occupancy in June 2023 was 32%, compared to 36% in June 2019.
  • The average daily rate (ADR) for hotels was $216 per room in June 2023, up from $184 in June 2019.
  • The top 10 most-visited countries saw an occupancy rate of 70.3%, with China experiencing a 16.3% increase YoY, Japan at 7.8%, and Indonesia at 6.6%.
  • Mexico was the only country in the top 10 to experience an 8.9% decrease in RevPAR in 2023.
  • As of 2023, there are over 187,000 hotels around the world.
  • In the U.S., hotels in the upper upscale category had an average of 313.1 rooms as of December 31, 2020, while economy hotels had about 75.2 rooms on average.
  • In 2022, hotel occupancy in the U.S. was 95% of what it was in 2019. It is expected to rise to 97% in 2023 and 98% in 2024 and fully recover by 2025.
  • Las Vegas has the most hotel rooms of any U.S. city, with 169,100 rooms.

Hotel Industry Technology Statistics

  • Hotel Industry Statistics show that 81% of hotel managers believe technology will be more important for hotel success in the next five years.
  • 99% of hotel managers think their competitors will use more technology in the coming five years.
  • 39% of hotel managers say the most valuable benefit of technology is improving how efficiently the hotel runs.
  • 31% say it helps improve the guest experience, 15% say it increases business flexibility, and 13% say it helps innovate for the future. This shows that most hotel managers think technology is key to improving both guest-facing services and behind-the-scenes operations.
  • 21% of hotel managers think the biggest near-term goal of technology is changing business operations.
  • After that, 19% think it will help increase revenue, 18% think it will improve customer experiences, 18% think it will make operations more efficient, and 11% think it will reduce costs.

main-reasons-for-hoteliers-to-use-technology-worldwide-as-of-february-2021

(Reference: statista.com)

Reason for the use of technology in the Hospitality industry

%
Improve guest experience

24%

Grow profits

18%

Future proof the organization

16%
To gain a competitive advantage

15%

Grow topline revenue

11%
Save money

6%

Save time

5%

  • Hotel Industry Statistics stated that almost 31% of hotel managers believe revenue management software has seen the most changes in the last five years, while 28% think guest experience technology has advanced the most.
  • Looking ahead, 46% of hotel managers believe guest experience technology will evolve the most in the next five years. Only 14% think revenue management technology will change the most.
  • 86% of hotel managers say their most important system for daily operations is the property management system, followed by the revenue management system and channel manager.
  • 56% of hotel managers use a third-party payment gateway to handle payments, while 39% use integrated payment features within their property management system.
  • When asked about the most wanted new feature in a property management system, 67% of hotel managers said they wanted integrated payment processing.
  • Hotel Industry Statistics stated that almost 7% of hotel managers implemented or planned to implement new technology during the pandemic, especially tech for contactless experiences.
  • 92% of hotel managers said guests are now more open to contactless technology and even expect it, compared to before the pandemic.
  • As of 2023, 85.9% of hotel managers offer or plan to offer in-room technology, up from 59% before the pandemic.

(Source: mara-solutions.com)

  • Before the pandemic, guest surveys were the most common tech used by hotels, with 74% of hotel managers using them. 45% of hotel managers said that using self-check-in technology helped them operate with fewer staff, and 31% said mobile key tech helped with a smaller team.
  • Over 80% of hotel managers said technology makes their operations more efficient. Still, only 40% believe it gives them a competitive advantage, indicating an opportunity for growth and innovation with technology that generates more revenue.
  • Hotel Industry Statistics stated that almost 89% of hotel managers said technology makes their teams happier, compared to 71% of brand employees and 61% of corporate staff in management companies.
  • In a typical hotel’s technology budget, 63% is spent on maintaining existing systems, 23% on new software, and 7% on research and development.
  • The most requested guest technology is free Wi-Fi, with 90% of hotel managers offering or planning to offer it. Other in-demand technologies include contactless payment options (74%), mobile reservations (68%), and digital signage (64%).
  • For hoteliers using technology to enhance the guest experience, 77% say their top goal is driving guest loyalty. Other tech priorities include improving physical safety, enabling reservations across multiple channels, and boosting data security.
  • The same study found that 65% of hotel managers believe adding new technology is the best way to solve staffing shortages and attract top talent.
  • 54% of hotel managers plan to use technology to improve or remove the front desk by 2025.

Hospitality Market Segment Statistics

#1. By Type

  • This category includes hotels, motels, casino hotels, bed and breakfast places, and other types of accommodations for travellers.
  • In 2023, hotels and motels made up 68.9% of the entire market, making them the biggest category.
  • This segment is also expected to grow the fastest, at a rate of 13.6% per year from 2021 to 2026.
  • By 2026, the hotel and motel market is expected to increase by $394.8 billion in global sales.

#2. By Mode of Booking

  • This includes online bookings, direct bookings, and other ways of booking.
  • In 2023, direct bookings accounted for 49.7% of the total market, making them the largest segment.
  • However, online bookings are expected to grow the fastest, with a yearly growth rate of 18.2% from 2021 to 2026.
  • By 2026, the online booking segment is expected to increase by $226.6 billion in global sales.

global-hospitality-market

(Source: researchandmarkets.com)

#3. By Application

  • This includes accommodations for leisure (tourists) and business (professional) trips.
  • The business accommodation segment was the largest in 2023, making up 64.1% of the total market.
  • This segment is also expected to grow the fastest, with an annual growth rate of 12.7% from 2021 to 2026.
  • By 2026, the business accommodations market is expected to gain $339.3 billion in global sales.

#4. By Price Point

  • This includes economy, mid-range, and luxury accommodations.
  • In 2023, the mid-range category made up 63.5% of the market, making it the largest.
  • However, luxury accommodations are expected to grow the fastest, with a yearly growth rate of 13.1%.
  • The economy segment has the highest growth potential and is expected to gain $107.2 billion in global sales by 2026.

#5. By Ownership

  • This category includes chained hotels and independent (standalone) hotels.
  • Standalone hotels made up 68.4% of the total market in 2021, making them the largest segment.
  • However, chained hotels are expected to grow the fastest, at a rate of 14.5% per year from 2021 to 2026.
  • Standalone hotels are expected to see the highest growth, gaining $317.5 billion in global annual sales by 2026.

#6. By Property Type

  • This includes hotels, serviced residences, apartment hotels, co-living spaces, and other types of properties.
  • The hotel segment was the largest in 2021, making up 54.2% of the total market.
  • It is also expected to grow at the fastest rate, with an annual growth rate of 13.0% from 2021 to 2026.
  • The hotel segment is expected to gain $293.7 billion in global sales by 2026.

Hotel Industry Employment Statistics

  • In May 2023, hotels had an average of 21 job openings each, down from 24 in 2022 but still higher than in 2019.
  • From 2021 to 2031, the U.S. economy will add 8.3 million jobs, and 23.1% of these will be in the leisure and hospitality sector.
  • As of August 2023, hotel workers in the U.S. make an average salary of $44,111, with most earning between $34,911 and $55,676.
  • Around 2.4 million people work in the hotel and motel industry in the U.S., with the average hotel employing about 12 people.
  • By the third quarter of 2023, the average hourly wage for hotel workers is $21, with typical pay ranging from $17 to $27.
  • The unemployment rate in the leisure and hospitality industry is 5.8% per year, which is the third lowest rate in the past 10 years.
  • Hotel Industry Statistics stated that almost only the mining industry saw more job loss (6.5%) than the leisure and hospitality sector.
  • About 15.11 million people are working in the U.S. hospitality and leisure sector.
  • The U.S. accommodation sector provides jobs for around 1.6 million people.
  • The unemployment rate in the accommodation sector is 8%, which is double the national average.
  • In October, the leisure and hospitality industry added 35,000 jobs, with 20,000 of those in the accommodation sector.

Restaurant-Employment-Forecast-February-2024

(Source: restaurant.org)

  • Job openings in the leisure and hospitality sector have increased by 10% since January.
  • Hotel Industry Statistics stated that almost over 10,580 hospitality representatives are working in the U.S.
  • Half of the hospitality representatives in the U.S. are women.
  • In 2023, the U.S. hotel and motel industry saw a notable rise in employment.
  • The unemployment rate in the leisure and hospitality industry is higher than in many other sectors.
  • The leisure and hospitality sector recently lost 1.1 million jobs.

Regional Hotel Industry Statistics

#1. APAC

APAC-Review-Volume-Evolution-Q3-2019-2021-2023

(Source: trustyou.com)

  • The hotel market is expected to earn $155.80 billion in 2025.
  • From 2025 to 2029, the market will grow at an annual rate of 3.85%, reaching a total of $181.20 billion by 2029.
  • By 2029, there will be 0.90 billion hotel users. The percentage of users is expected to increase from 13.9% in 2025 to 20.4% by 2029.
  • Each user is expected to generate an average of $259.60 in revenue.
  • By 2029, 78% of the total hotel revenue will come from online sales.
  • In comparison, the United States is projected to generate the most revenue, with an estimated $114.7 billion in 2025.

#2. EMEA

EMEA-Review-Volume-Evolution-Q3-2019-2021-2023

(Source: trustyou.com)

  • The hotel market is expected to earn US$138.30 billion in 2025.
  • This revenue is projected to grow at an annual rate of 3.37% (CAGR from 2025 to 2029), reaching US$157.90 billion by 2029.
  • By 2029, the number of users in the hotel market is expected to reach 551.60 million.
  • In 2025, about 18.2% of people are expected to use hotel services, and this percentage is expected to increase to 21.2% by 2029.
  • The average revenue generated per user (ARPU) is estimated to be US$306.70.
  • By 2029, 83% of the total revenue in the hotel market will come from online sales.
  • When compared to other countries, the United States is expected to generate the most revenue in the hotel market, with a projected US$114.7 billion in 2025.

#3. LATAM

latin-america-tourism-is-making-a-comeback

(Reference: linkedin.com)

  • The hotel market is expected to generate US$26.93 billion in revenue by 2025.
  • It is forecasted to grow at an annual rate of 4.17% from 2025 to 2029, reaching US$31.71 billion by 2029.
  • By 2029, the number of users in the hotel market is projected to be 156.70 million.
  • User penetration is estimated to be 20.0% in 2025 and rise to 23.9% by 2029.
  • The average revenue per user (ARPU) is expected to be US$210.30.
  • Hotel Industry Statistics stated that online sales will account for 85% of the total revenue in the hotel market by 2029.
  • Globally, the United States is expected to lead in revenue generation in the hotel market, with a projected US$114.7 billion in 2025.

#4. MENA

Middle-East-demand-is-less-domestic

(Source: str.com)

  • The hotel market is expected to make US$18.73 billion in revenue by 2025.
  • This market is predicted to grow at a rate of 4.39% annually from 2025 to 2029, reaching US$22.24 billion by 2029.
  • By 2029, there will be around 134.5 million users in the hotel market. The number of users is expected to increase from 17.3% in 2025 to 22.2% by 2029.
  • The average revenue per user (ARPU) is estimated to be US$187.90.
  • Online sales will make up 83% of the total revenue in the hotel market by 2029.
  • Compared to other countries, the United States is expected to generate the most revenue in the hotel market, with US$114.7 billion in 2025.

Fun Facts About the Hotel Industry

  • Macau, China, has the most 5-star hotels, with 22 top-rated hotels, including The Londoner Hotel.
  • Since 2020, the First World Hotel in Malaysia has been the largest in the world, offering 7,351 rooms across two buildings.
  • California, Texas, and Florida are the three U.S. states with the highest number of hotels and motels, with 15,557, 14,733, and 9,410 properties, respectively.
  • Almost 9 out of 10 guests (87%) have admitted to taking something from a hotel room at least once.
  • Towels, soap dishes, and tissue boxes are the three most commonly taken items from hotels, with around 35% of guests admitting to taking them.
  • About 72% of professionals plan to stay in hotels for work-related reasons in 2023 and beyond.
  • The Palazzo, with over 7,000 rooms and 3,068 suites, is the largest hotel in the U.S.
  • Nishiyama Onsen Keiunkan, which has been open since the year 705, is recognized as the oldest hotel in the world.
  • Hotel El Convento in the U.S. is the oldest hotel, with a history of more than 365 years, originally starting as a Carmelite monastery.
  • The first American hotel chain was started by Ellsworth Milton Statler in 1901 with the Statler Hotel in Buffalo, NY. It grew to more than 12 hotels before being bought by Hilton Hotels in 1954.
  • The world’s most expensive hotel is the Lover’s Deep Luxury Submarine Hotel, costing $175,000 per night.
Most Expensive Hotels Around the World Per night rate
Laucala Island Resort Hilltop Estate, Fiji USD 61,142
The Mark Penthouse – The Mark Hotel, Manhattan, New York City USD 75,000
Hotel President Wilson Royal Penthouse Suite, Genève, Switzerland USD 80,000
Palms Casino Resort Empathy Suite, Las Vegas, Nevada USD 1,00,000
Lover’s Deep Luxury Submarine, St. Lucia USD 175,000
  • Airbnb has become a global trend, with its market value reaching $73.34 billion as of April 2023, making it a strong competitor to the hotel industry.
  • The Gevora Hotel in Dubai is the tallest in the world, standing at 1,169 feet (356.3 meters) and having 75 floors.
Selected Cities with the most expensive hotel rates in the United States Nightly rate

Chicago

USD 167

San Fransisco

USD 211
Las Vegas

USD 222

New York

USD 235
Miami

USD 304

  • Hotel brands that feature high-quality images on their websites experience a 15% increase in bookings compared to those that use poor or fewer photos.
  • Third-party booking platforms take a commission of 10-22% from hotel revenues, with big hotel chains losing about 10-15%, while smaller hotels lose around 18-22%.

Hotel Marketing Statistics

  • The U.S. travel industry spent $7.24 billion on digital ads.
  • Expedia Group, Inc. spent $6.9 billion on marketing.
  • The U.S. hotel and motel industry spent $2.8 billion on advertising.
  • Caesars Entertainment spent $259 million on ads.
  • Wynn Resorts spent more than $112 million on advertising.
  • The number of hotel ad clicks from smartphones on Google increased by 2.4 times from last year.
  • The average open rate of global hotel email marketing campaigns is 35%.
  • The average click-through rate for global hotel email marketing campaigns is 2%.
  • Hotel Industry Statistics stated that Hotel websites have an average conversion rate of 2%.
  • Instagram ads for the travel, hospitality, and leisure industries have an average engagement rate of 1.39%.
  • Ads on X (formerly Twitter) in the travel, hospitality, and leisure industries have an average engagement rate of 1.12%.
  • LinkedIn ads in the travel, hospitality, and leisure industries have an average engagement rate of 1.1%.
  • Facebook ads in the travel, hospitality, and leisure industries have an average engagement rate of 0.94%.
  • Hotel Industry Statistics stated that TikTok ads in the travel, hospitality, and leisure industries have an average engagement rate of 0.64%.
  • Hotel email campaigns worldwide have an average conversion rate of 0.2%.

Demographics Hotel Industry Statistics

  • The gender of hotel guests can vary depending on the location and the purpose of their trip.
  • In the past, Baby Boomers (those born between 1946 and 1964) made up the majority of hotel guests, especially for vacations. They would travel in their retirement years, making up most of the hotel stays.
  • Hotel owners were surprised to find that almost half of their guests are now under 36 years old. This shift was happening even before the COVID-19 pandemic, but the pandemic has emphasized this change.
  • Older adults are often less willing to travel due to health concerns, while younger people, who spent much of the pandemic at home, are now eager to travel and explore.
  • Hotel guest demographics by race can differ significantly depending on the region, and there’s limited research on this subject.
  • Some studies have looked into hotel brand preferences based on race, but they don’t focus on who is more likely to stay in a hotel in general.
  • In the U.S., there appear to be racial differences in the hotel industry. Indian-American hotel owners make up the largest group of hotel owners in the country.
  • While worldwide statistics on hotel guest gender are not readily available, some cities have shared their guest demographic information.
  • Surveys indicate that men are more likely to travel for business, while women often travel for leisure.
  • The gender breakdown can depend on whether the destination is more business-oriented or tourist-focused.
  • Around 46% of hotel guests are between the ages of 18 and 36, making up almost half of the total guests.
  • Before the pandemic, about 46% of people over 65 in Europe didn’t travel at all due to health concerns.

Hotel Industry Consumer Preferences Statistics

Customers from different backgrounds have different needs when it comes to hotel services and amenities, which can greatly affect a hotel’s revenue. Understanding these preferences is crucial for hotels to keep their guests satisfied.

(Source: hospitalitynet.org)

  • 73% of people are more excited about travelling in 2023 than they were in 2022, according to Booking.com.
  • Around 40% of travellers choose a hotel based on its location, as reported by Hotel Industry Statistics.
  • Hotels with good-quality pictures of their rooms and facilities have 15% more bookings than those with poor or fewer photos.
  • Millennials prefer spending money on experiences rather than material things, with 78% saying they prefer activities over possessions.
  • Hotels with more than 100 photos on their Google My Business page get 1,065% more clicks on their website compared to businesses with fewer photos.
  • Hotel Industry Statistics stated that almost 42% of travellers prefer vacations that help them relax and stay healthy.
  • About 37% of people would rather stay in a hotel than in a shared accommodation like a hostel or rental.
  • More than 55% of families travelling together choose hotels for their stay, 21% opt for resorts, and 17% stay with friends or family.
  • Almost half of hotel bookings are made online, so hotels need to have a strong online presence to attract guests.
  • 27% of business travellers want hotels to offer self-check-in and self-check-out kiosks.
  • Hotel Industry Statistics stated that almost 80% of travellers read reviews before booking a hotel.
  • 83% of Americans prefer to book their hotel stays online, usually using mobile apps or websites.
  • In 2023, 64% of hotel bookings were made within seven days of travel, but this dropped to 51% in 2023, which is close to the 50% seen in 2019.

Trends in Travel Statistics

  • The global market for eco-friendly hotels is expected to grow by 8.1% per year from 2021 to 2028 as more travellers seek sustainable lodging options.
  • In 2023, 81% of travellers wanted better digital customer service from hotel brands, showing a strong preference for technology-driven experiences.
  • The leisure tourism market, valued at around $594.51 billion in 2023, is expected to grow to $731.4 billion by 2032, with an annual growth rate of 8.9% from 2023 to 2032.
  • In 2023, 62% of travellers are interested in wellness vacations, pointing to a growing trend of health and wellness influencing travel choices.
  • The global wellness tourism market is expected to reach $1.2 trillion by 2027, growing at a rate of 7.2% per year from 2020 to 2027, showing that more people are interested in health-focused travel.
  • Hotel Industry Statistics found that 73% of travellers are looking for unique and authentic experiences, which is increasing the demand for boutique hotels and personalized services.
  • In 2023, 61% of consumers said they would pay extra for personalized experiences, highlighting how important tailored services are in the hospitality industry.

Why Are Stars Measures Used to Rate The Hotel?

Hotel star ratings are a common way to measure the quality, cleanliness, and level of service a hotel offers. The more stars a hotel has, the better the services and amenities you can expect.

Here’s what each rating means:

One Star

  • A one-star hotel provides basic, budget-friendly rooms with very few services and simple amenities.

Two Star

  • A two-star hotel offers comfortable rooms with basic features like a TV, phone, and closet but with limited extras.

Three Star

  • A three-star hotel balances comfort and cost. It includes a TV, free Wi-Fi, a desk, phone, couch, alarm clock, gym, pool, and breakfast options.

Four Star

  • A four-star hotel is more luxurious, with fancy lobbies, larger rooms, king-sized beds, shuttle services, and a variety of amenities both inside and outside the hotel.

Five Star

  • A five-star hotel provides a high-end experience with personalized services, luxurious comfort, and top-notch service, making guests feel pampered at all times.

Conclusion

The global hotel industry is an important part of the economy. The more hotel bookings a country gets, the better it is for the economy, as tourists spend money during their vacations, supporting local businesses. Plus, with digital tools, it’s easy to check and book hotels anywhere in the world, all from home.

The booking process is quick and easy. We have shed enough light on Hotel Industry Statistics through this article.

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Saisuman Revankar
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Saisuman is a talented content writer with a keen interest in mobile tech, new gadgets, law, and science. She writes articles for websites and newsletters, conducting thorough research for medical professionals. Fluent in five languages, her love for reading and languages led her to a writing career. With a Master’s in Business Administration focusing on Human Resources, Saisuman has worked in HR and with a French international company. In her free time, she enjoys traveling and singing classical songs. At Coolest Gadgets, Saisuman reviews gadgets and analyzes their statistics, making complex information easy for readers to understand.

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