Hotel industry statistics: Guide for hotels
SiteMinder
DECEMBER 4, 2023
globally next year. Hotel average daily rate (ADR) is projected to grow by 4.9% RevPar is also expected to grow, reaching an average of $93. Online sales in the hotel segment will generate 80% of total revenue in 3 years. The average booking lead time for hotels is 29.7 The average length of stay is 1.93
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