Hotel Industry Important StatisticsThe leading hotel company with the most properties is Wyndham Hotels & Resort, with 8,941 units across the world. As of 2022, there are 132,228 hotels and motels in the US, which is 8.3% more than in 2021. In 2019, the hotel industry recorded $1.52 trillion in market size.
Which state has the most Hotels?
Which States have the highest number of businesses in the Hotels & Motels industry in the United States? California (19,278 businesses), Texas (17,352 businesses) and Florida (11,286 businesses) are the States with the most number of Hotels & Motels businesses in the US.
How big is the hotel industry in the US?
$225.0bnThe market size, measured by revenue, of the Hotels & Motels industry was $225.0bn in 2022. What was the growth rate of the Hotels & Motels industry in the US in 2022? The market size of the Hotels & Motels industry increased 20.2% in 2022.
How many independent Hotels are in the US?
In the U.S., at the end of 2022, STR said there were 25,544 independent properties representing 1,511,716 rooms. Compare that with 2019, when there were 25,839 independent properties with 1,531,627 rooms. Those numbers are net totals.
How many total hotels are there?
There are at least 187,000 hotels in the world as of 2023. There are an estimated 17.5 million guestrooms in the world. The global hospitality industry is worth over $4.548 trillion as of 2022 and is projected to see a CAGR of 7% from 2021 to 2025.
How many hotels are there in the United States?
Who owns the most hotels in the US?
As of June 2022, the Wyndham Hotel Group was the leading hotel company in the Americas, accounting for nearly seven thousand properties in the region. Choice Hotels International and Marriott International stood in second and third place, respectively.
Who has the most Hotels in the US?
As of June 2022, the Wyndham Hotel Group was the leading hotel company in the Americas, accounting for nearly seven thousand properties in the region. Choice Hotels International and Marriott International stood in second and third place, respectively.
Who owns the most hotels in USA?
Who owns most hotels in the USA? Wyndham Hotel Group owns the most hotels in the USA, the company has over 8,092 hotels in 66 different countries.
How many hotels and resorts are in the US?
There are 166,272 Hotels & Motels businesses in the US as of 2023, an increase of 7.1% from 2022. The U.S. hotel industry is projected to achieve 1.3 billion occupied room nights in 2023. The pandemic nearly halved annual room revenue for U.S. hotels, from $170.35 billion in 2019 to $86.01 billion in 2020.
What city in America has the most hotels?
Las VegasOf the selected cities, Las Vegas had the most hotel rooms with 167,730 as of January 2016.