The Average daily rate in Luxury hotels in United States of America, attained a value of USD 331.24 Million in 2020
The indicator recorded a historical growth CAGR of 0.08% between 2017 to 2020, and is expected to grow by ...
GlobalData projects the indicator to grow ...
Hotels & Motels in the United States
The hotels & motels industry consists of establishments that provide paid lodging and full guest services, typically with a continuous staff presence. In the case of motels, this includes off-street parking facilities, but not necessarily meal services.
Who are the leading players?
Wyndham Hotels and Resorts is the leading player within the US hotels and motels industry, operating across the country.
Choice Hotels International is a leading player in this industry, operating across the US.
Marriott International operates as a leading player in the US hotels and motels industry through a variety of brands within the upscale and luxury segments.
Hilton Worldwide is a leading player in this industry, operating across the US. The company operates a variety of brands across the midscale, upscale, and luxury segments. Brands operated by the company include DoubleTree, Tru, Hilton, Conrad, and Waldorf Astoria, among others.
How has the COVID-19 pandemic impacted leading players?
The COVID-19 pandemic has had a devastating impact on the hotels and motels industry. During the peak of the global pandemic, the vast majority of hotels experienced little to no revenue as occupancy rates plummeted.
The COVID-19 pandemic and its consequences have dramatically reduced travel and demand for hotel rooms which is expected to continue to have a material adverse impact on the hospitality industry and its players. Some leading players have implemented strategies to minimize the impact of the pandemic and increase their chances of a strong recovery in a post-pandemic environment.
Leading hotels & motels company profiles in the United States
Wyndham Hotels and Resorts LLC
Wyndham Hotels and Resorts LLC (Wyndham) is a hospitality service provider that owns and operates hotels, resorts and restaurants. The company’s services include accommodations services, rooms and suites, dining services, online booking services, swimming pools, business center, dining and entertainment, health activities and sports, hotel info and services, and transportation and parking. It also provides wedding programs and meeting events.
The company operates hotels and resorts under the brand names Wyndham Guayaquil, Howard Johnson Hotel Guayaquil, Howard Johnson Hotel Loja, and Howard Johnson Hotel Quito. It operates in Guayaquil, Guayas, Loja and Quito, Ecuador. Wyndham Hotels and Resorts is headquartered in Parsippany, New Jersey, the US.
Choice Hotels International Inc
Choice Hotels International Inc (Choice Hotels) operates hotel properties in the US and globally. The company provides a wide range of hotel services in the economy, mid-scale, and upscale segments. It operates hotels under several brands such as Comfort Suites, Quality, Comfort Inn, Econo Lodge, Clarion, Sleep Inn, MainStay Suites, Rodeway Inn, Cambria hotels & suites, Suburban Extended Stay Hotel, WoodSpring Suites, Clarion Pointe, Everhome Suites, and Ascend Hotel Collection. It also develops and sells cloud-based technology products including inventory management, pricing and connectivity to non-franchised hoteliers and third-party channels through choice advantage. The company undertakes domestic franchising operations through direct franchising relationships, and it manages international franchise operations through direct franchising and master franchising.
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