Hotel Business

FEBRUARY 22, 2023

Globally, a hotel’s website was more important as a source of revenue in 2022 than it was in 2019, despite hotel websites moving down SiteMinder’s Top 12 lists in 42% of countries year-on-year. Bookings via global distribution systems (GDSs) rose as business travel continued to resume with force in 2022.

Travel 102

Travel Average Length of Stay Average Daily Rate Global Distribution System 102

SiteMinder

FEBRUARY 13, 2023

Globally, a hotel’s website was more important as a source of revenue in 2022 than it was in 2019, despite hotel websites moving down SiteMinder’s Top 12 lists in 42% of countries year-on-year. Bookings via global distribution systems (GDSs) rose as business travel continued to resume with force in 2022.

Average Length of Stay 52

Average Length of Stay Travel Average Daily Rate Cancellation 52

SiteMinder

DECEMBER 4, 2023

Hotel industry statistics refer to data and metrics relating to hotels and other accommodations in the industry. The average booking lead time for hotels is 29.7 The average length of stay is 1.93 The average cancellation rate is 20%. Average US occupancy rate is just under 65%. million people.

Occupancy 59

Occupancy Hotels Revenue Average Length of Stay 59