Hotels & Motels in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Hotels & Motels Market Research Report | NAICS 72111 | Dec 2015

Making room: Rising consumer confidence and spending will bolster revenue for operators

IBISWorld’s Hotels & Motels market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
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Industry Analysis & Industry Trends

The industry has experienced robust growth, due to increases in travel spending, corporate profit and consumer spending. As a result, the industry has grown over every year since 2010, as the economy improved and domestic and international travel rates increased. In the five years to 2020, the industry will continue to perform well, with particularly strong growth in the extended-stay hotels, boutique hotels, spa and health retreats and resorts segments. Additionally, operators are expected to expand abroad into emerging economies, leading to an increase in revenue... purchase to read more

Industry Report - Industry Locations Chapter

The industry is generally spread according to share of population and economic activity, but also according to a city's, region's or state's share of domestic and international visitor travel as a business or pleasure and holiday destination.

The proportion of hotel and motel establishments in a particular state or region is also driven by the attractions it offers, particularly those of international significance, or with international recognition, such as the Grand Canyon, Disneyland, Las Vegas, New York and Hollywood. Some states like New York attract business visitors because they have major commercial centers or are major industrial, financial and commercial centers for business or conference and convention travelers... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Hotels & Motels Industry?

Operators in this industry provide short-term lodging in hotels, motor hotels, resort hotels and motels. Establishments may also offer food and beverage services, recreational services, conference room and convention services, laundry services, parking and other services. This industry excludes hotels that have casino facilities attached.

Industry Products
Guest room rentals from properties with under 75 roomsGuest room rentals from properties with between 75 and 299 roomsGuest room rentals from properties with between 300 and 500 roomsGuest room rentals from properties with over 500 roomsAlcoholic beverages served for immediate consumptionMeals, nonalcoholic drinks and other items for immediate consumptionConference room and venue space rentals for eventsOther services (meals for catered events, laundry services, parking)
Industry Activities
Operating short-term hotelsOperating short-term motor hotelsOperating short-term resort hotelsOperating short-term motels

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