The market size of the hotel and motel sector in the United States was valued at approximately 231.1 billion U.S. dollars in 2023. This figure shows a 7.7 percent increase over the previous year's total of 214.6 billion U.S. dollars.
Market size of the hotel and motel sector in the United States in 2022 and 2023
(in billion U.S. dollars)
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IBISWorld. (October 12, 2024). Market size of the hotel and motel sector in the United States in 2022 and 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1170216/hotel-and-motel-industry-market-size-us/
IBISWorld. "Market size of the hotel and motel sector in the United States in 2022 and 2023 (in billion U.S. dollars)." Chart. October 12, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1170216/hotel-and-motel-industry-market-size-us/
IBISWorld. (2024). Market size of the hotel and motel sector in the United States in 2022 and 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1170216/hotel-and-motel-industry-market-size-us/
IBISWorld. "Market Size of The Hotel and Motel Sector in The United States in 2022 and 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 12 Oct 2024, https://www.statista.com/statistics/1170216/hotel-and-motel-industry-market-size-us/
IBISWorld, Market size of the hotel and motel sector in the United States in 2022 and 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1170216/hotel-and-motel-industry-market-size-us/ (last visited November 21, 2024)
Market size of the hotel and motel sector in the United States in 2022 and 2023 (in billion U.S. dollars) [Graph], IBISWorld, October 12, 2024. [Online]. Available: https://www.statista.com/statistics/1170216/hotel-and-motel-industry-market-size-us/
