Skip navigation
Reports & Analysis Custom Research Research Subscriptions
Sign In / Create Account Cart
Sign In / Create Account Cart
  • Reports & Analysis
  • Custom Research
  • Research Subscriptions

Resources

  • Press Releases
  • Blog
  • Resources & Downloads
  • Impact Tracker

The Freedonia Group

  • Contact
  • About
  • Our Staff
  • Help Center
  • Career Opportunities
Back to Press Releases

US Lodging Service Revenues to Advance 3.6% Yearly in Nominal Dollars to 2023

by Corinne Gangloff

May 10, 2019

Cleveland, OH, May 10, 2019 — US lodging service industry revenues are forecast to advance 3.6% yearly in nominal dollars to 2023, according to Lodging Services: United States, a report recently released by Freedonia Focus Reports. Lodging service providers will benefit from higher volumes of leisure travel, supported by rising disposable personal income levels both in the US and abroad. In addition, the broad trend of expanding consumer interest in experiential entertainment will drive spending on vacations and travel. Rising demand from business travelers, underpinned by the expanding number of companies operating over geographically dispersed areas, will further support gains. Even so, ongoing competition from online travel agencies for control of customer acquisition will continue to weigh on revenues, despite a number of “book direct” campaigns by leading hotel chains.

These and other key insights are featured in Lodging Services: United States. This report forecasts to 2023 US lodging service revenues in nominal US dollars. Total revenue is segmented by establishment in terms of:

  • hotels and motels
  • casino hotels
  • RV parks and campgrounds
  • bed and breakfast inns
  • other establishments such as cabins, hostels, and short-term rentals of homes and apartments from owners

To illustrate historical trends, total revenues and the various segments are provided in annual series from 2008 to 2018.

Publicly owned campgrounds are excluded from the scope of this report. Rooming and boarding houses, which specialize in providing long-term accommodations, are also excluded. Revenues from non-lodging services are excluded from segment values, as well as from the total. Significant sources of non-lodging revenue are presented separately where pertinent (e.g., gambling revenues are presented for casino hotels).

More information about the report is available at:

https://www.freedoniafocusreports.com/Lodging-Services-United-States-FF95045/?progid=91541

Have unique research needs?

Freedonia Custom Research listens intently to your needs and objectives. Then we work diligently to define and deliver a service to meet them.
Learn About Our Custom Research Services

Subscribe to Our Blog

Stay up to date with the latest information about new market research and news in areas relevant to your business from our analysts and team members.

Freedonia Focus Blog Subscription

Provide the following details to subscribe.

  • Contact
  • About
  • Help Center
  • Career Opportunities
  • Press
  • User Agreement
  • Privacy Policy
  • Site Map
Facebook Linkedin Twitter

Additional Resources

  • Market Size Resources
  • Lawn Mowers Research
  • Global Lubricants Research
  • Global Paint & Coatings Research
  • Global Industrial Valves Research
  • Global Agricultural Equipment Research
  • Indoor Air Quality Equipment Research
  • Global Adhesives & Sealants Research
  • Hardscaping Products Research
  • Residential Landscaping Research
  • Food Packaging Research
  • Global Carpets & Rugs Research
  • Global Residential HVAC Research
Copyright © 2023 MarketResearch.com, Inc. All rights reserved.