Remove Average Daily Rate Remove Average Length of Stay Remove Tourism
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SiteMinder: Traveler confidence surges post-pandemic

Hotel Business

Travelers incrementally increased their hotel stays, with the average length of stay growing only slightly in 2022 to 1.93 Stays booked to Spain in August were the longest globally, at 2.65 Overall, travelers booked with more commitment to travel than the year prior.

Travel 102
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SiteMinder’s Hotel Booking Trends: New analysis of 100 million reservations shows surge in global traveller confidence for 2023

SiteMinder

Travellers incrementally increased their hotel stays, with the average length of stay growing only slightly in 2022 to 1.93 Stays booked to Spain in August were the longest globally, at 2.65 Overall, travellers booked with more commitment to travel than the year prior.

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Hotel industry statistics: Guide for hotels

SiteMinder

Hotel average daily rate (ADR) is projected to grow by 4.9% RevPar is also expected to grow, reaching an average of $93. The average booking lead time for hotels is 29.7 The average length of stay is 1.93 The average cancellation rate is 20%. An annual revenue growth rate of 4.2%