What you need to know

The hotel market is strong, estimated to garner $265.8 billion in revenue in 2019, and showing strong numbers in occupancy rate, average daily rate (ADR) and revenue per available room (RevPAR). Travelers feel that hotels are a vital part of vacations, and with brands expanding their portfolios, new players entering the industry, and the line between hotelier and homeshare provider blurring, branding is becoming more important to success.

Definition

For the purposes of this Report, Mintel has used the following definitions:

  • Travelers: adults aged 18+ who have taken an overnight trip in the last 12 months and have stayed in either a hotel or non-hotel paid accommodation at least once.

  • Hotels and motels (excluding casino hotels): establishments primarily engaged in providing short-term lodging in facilities such as hotels, motor hotels, resort hotels and motels. The establishments may offer food and beverage services, recreational services, conference rooms, convention services, laundry services, parking and other services.

  • Casino hotel: establishments primarily engaged in providing short-term lodging in hotel facilities with a casino on the premises. The casino on premise includes table wagering games and may include other gambling activities, such as slot machines and sports betting. These establishments generally offer a range of services and amenities, such as food and beverage services, entertainment, valet parking, swimming pools and conference and convention facilities.

  • Other accommodations: lodging in private homes or small buildings converted for the purpose of providing short-term lodging. Examples of this type of accommodation are bed-and-breakfast inns, youth hostels, tourist homes and guest houses.

Previous versions of this Report covered recreational parks and campgrounds; these will be covered in Report Hotel Alternatives – US, July 2019.

Readers of this Report may also be interested in Mintel’s Hotels – US, May 2017, Frequent Travel Programs – US, July 2018 and Vacation Planning – US, April 2019.

Back to top