U.S. hotel and motel industry market size 2022-2023

Published by Statista Research Department, Nov 5, 2024

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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Release date

October 2024

Region

United States

Survey time period

2022 to 2023

Supplementary notes

Figures have been rounded.

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