The Revenue per available room in Midscale hotels in United States of America, attained a value of USD 39.80 Million in 2020
The indicator recorded a historical decline CAGR of 15% between 2017 to 2020, and is expected to grow by ...
GlobalData projects the indicator to grow ...
Hotels and motels in the USA
The hotels & motels industry consists of establishments that provide paid lodging and full guest services, typically with a continuous staff presence. In the case of motels, this includes off-street parking facilities, but not necessarily meal services. The industry is detailed in both value and volume terms. Industry value consists of the total revenue generated by (a) rent that a guest pays for an occupied room and (b) other revenues, including revenue from food and beverages, telecommunications, health and leisure operations, and car rentals. Industry volume consists of the number of establishments in a given country that provide paid lodging and full guest services.
Market analysis of hotels and motels in the USA
The US hotels and motels industry experienced moderate growth during the historic period, except for 2020 when it declined by a significant percentage. The industry is expected to achieve very strong growth until 2022, with moderate rates of growth expected over the remainder of the forecast period.
Who are the leading players?
Wyndham Hotels and Resorts is the leading player within the US hotels and motels industry, with many establishments in operation across the country. The company operates numbers of brands across the budget, midscale, and upscale segments, including Microtel Inn, AmericInn, and Wyndham Grand. Wyndham cemented its leading position in the US with the acquisition of the hotel franchise and hotel management businesses of La Quinta Holdings Inc. in 2018. Choice Hotels International is a leading player in this industry, with lots of establishments in operation across the US. The company operates a variety of brands ranging from budget to upscale, including Rodeway Inn, Quality Inn, and the Ascend Hotel Collection.
Hilton Worldwide is a leading player in this industry, with many establishments in operation across the US. The company operates a variety of brands across the midscale, upscale, and luxury segments. Brands operated by the company include DoubleTree, Tru, Hilton, Conrad, and Waldorf Astoria, among others.
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