The average daily rate (ADR) of the United States hotel industry was 148.83 U.S. dollars in 2022, reflecting an increase over the previous year. The decline in ADR in both 2020 and 2021 can be attributed to the disruptions in travel and stay-at-home restrictions implemented due to the coronavirus (COVID-19) pandemic.
What is average daily rate (ADR)?
Average daily rate is a key performance indicator of the hospitality industry. It shows the average room rental price per day in either a specific hotel (independent/chain), or in this case the average room rental price per day of many hotels within the U.S. Other useful KPI’s that are used in the lodging industry are the occupancy rate and revenue per available room (RevPAR).
Average daily rate of hotels in the United States from 2001 to 2022
(in U.S. dollars)
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Hospitality Net. (January 21, 2023). Average daily rate of hotels in the United States from 2001 to 2022 (in U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/195704/average-hotel-room-rate-in-the-us-since-2005/
Hospitality Net. "Average daily rate of hotels in the United States from 2001 to 2022 (in U.S. dollars)." Chart. January 21, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/195704/average-hotel-room-rate-in-the-us-since-2005/
Hospitality Net. (2023). Average daily rate of hotels in the United States from 2001 to 2022 (in U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/195704/average-hotel-room-rate-in-the-us-since-2005/
Hospitality Net. "Average Daily Rate of Hotels in The United States from 2001 to 2022 (in U.S. Dollars)." Statista, Statista Inc., 21 Jan 2023, https://www.statista.com/statistics/195704/average-hotel-room-rate-in-the-us-since-2005/
Hospitality Net, Average daily rate of hotels in the United States from 2001 to 2022 (in U.S. dollars) Statista, https://www.statista.com/statistics/195704/average-hotel-room-rate-in-the-us-since-2005/ (last visited November 21, 2024)
Average daily rate of hotels in the United States from 2001 to 2022 (in U.S. dollars) [Graph], Hospitality Net, January 21, 2023. [Online]. Available: https://www.statista.com/statistics/195704/average-hotel-room-rate-in-the-us-since-2005/