Hotel Business

FEBRUARY 22, 2023

Domestic booking channels captured a lower proportion of bookings overall, however, there was a clear balance between traditional and niche booking channels across markets. The ranking of hotel websites as a revenue generator remained on par with 2019’s lists in 72% of markets, and ahead in 28%.

Travel 102

Travel Average Length of Stay Average Daily Rate Cancellation 102

SiteMinder

FEBRUARY 13, 2023

Domestic booking channels captured a lower proportion of bookings overall, however there was a clear balance between traditional and niche booking channels across markets. The ranking of hotel websites as a revenue generator remained on par with 2019’s lists in 72% of markets, and ahead in 28%.

Average Length of Stay 52

Average Length of Stay Travel Average Daily Rate Cancellation 52

SiteMinder

DECEMBER 4, 2023

The average booking lead time for hotels is 29.7 The average length of stay is 1.93 The average cancellation rate is 20%. Here are some other key stats on the US hotel industry: The hotel market in the US is worth more than $106 billion. Average US occupancy rate is just under 65%. million people.

Occupancy 59

Occupancy Hotels Revenue Cancellation 59