The market size of the boutique hotel industry in the United States reached 33.3 billion U.S. dollars in 2023. A boutique hotel is a special type of small hotel that has less than 100 rooms. These types of hotels are usually very upscale, often located in large, trendy shopping areas of a city, and they offer personalized design and service as a major selling point.
Market size of the boutique hotel sector in the United States in 2022 and 2023
(in billion U.S. dollars)
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IBISWorld. (May 30, 2024). Market size of the boutique hotel sector in the United States in 2022 and 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1175830/boutique-hotel-industry-market-size-us/
IBISWorld. "Market size of the boutique hotel sector in the United States in 2022 and 2023 (in billion U.S. dollars)." Chart. May 30, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1175830/boutique-hotel-industry-market-size-us/
IBISWorld. (2024). Market size of the boutique hotel sector in the United States in 2022 and 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1175830/boutique-hotel-industry-market-size-us/
IBISWorld. "Market Size of The Boutique Hotel Sector in The United States in 2022 and 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 30 May 2024, https://www.statista.com/statistics/1175830/boutique-hotel-industry-market-size-us/
IBISWorld, Market size of the boutique hotel sector in the United States in 2022 and 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1175830/boutique-hotel-industry-market-size-us/ (last visited December 30, 2024)
Market size of the boutique hotel sector in the United States in 2022 and 2023 (in billion U.S. dollars) [Graph], IBISWorld, May 30, 2024. [Online]. Available: https://www.statista.com/statistics/1175830/boutique-hotel-industry-market-size-us/