United States Hotels Market to Grow with a CAGR of 7.10% through 2030F

United States Hotels Market is growing due to increased travel demand, rising average daily rates (ADR), improved occupancy rates, and expanding hotel developments, despite challenges like inflation and operational costs.

According to TechSci Research report, “United States Hotels Market – By Region, Competition Forecast & Opportunities, 2020-2030F”, The United States Hotels Market was valued at USD 263.21 Billion in 2024 and is expected to reach USD 395.79 Billion by 2030 with a CAGR of 7.10% during the forecast period. The United States hotel market has experienced substantial growth over the past decade, driven by various factors ranging from evolving consumer preferences to advancements in technology. As a global hub for tourism, business travel, and luxury accommodations, the U.S. remains a key player in the international hospitality industry. The market has witnessed remarkable transformations, driven by shifts in travel patterns, economic factors, and technological innovations. These factors have shaped the dynamics of the market, making it more competitive and diverse, with a wide range of offerings catering to different types of travelers. From luxury resorts to budget-friendly accommodations, the U.S. hotel sector continues to adapt to meet the changing demands of both domestic and international visitors.

The demand for travel in the United States is one of the leading drivers of the hotel industry. Both leisure and business travel continue to grow, with destinations across the country attracting millions of visitors each year. Popular tourist destinations, such as New York City, Los Angeles, and Las Vegas, remain top choices for international tourists, while cities like Nashville and Austin are becoming emerging hotspots for both leisure and business travelers. The increase in travel is also a result of the recovery of the global tourism market post-pandemic, with a notable surge in both domestic and international arrivals. Additionally, factors like disposable income and improved economic conditions have contributed to increased travel spending, allowing consumers to opt for higher-quality accommodation options.

Consumer expectations and preferences have evolved significantly, influencing hotel offerings across the country. Modern travelers are increasingly seeking personalized, immersive, and technology-driven experiences. Millennials and Gen Z, in particular, are driving demand for unique, boutique-style hotels that offer more than just a place to stay. This generation values experiences over material goods and prioritizes accommodations that provide local, cultural, and experiential offerings. As a result, hotels are incorporating more design-focused elements, emphasizing aesthetics, and creating customized experiences to appeal to this growing demographic. Technology plays a critical role in shaping the modern hotel experience, with mobile check-ins, smart room technologies, and contactless payments becoming the standard in many properties.

Furthermore, sustainability has become a major consideration for consumers in the United States hotel market. As environmental awareness continues to rise, guests are increasingly expecting hotels to adopt eco-friendly practices. From energy-efficient lighting and water-saving initiatives to waste reduction strategies and sustainable sourcing of materials, hotels are responding to this demand by incorporating green practices into their operations. Many U.S. hotels are also seeking certifications such as LEED (Leadership in Energy and Environmental Design) to showcase their commitment to sustainability. This trend not only aligns with consumer values but also presents a long-term cost-saving opportunity for hotels, as eco-friendly operations can reduce energy and water consumption, thereby lowering operational costs.

Technological advancements have significantly transformed the hotel market, influencing both operations and guest experiences. One of the major changes has been the integration of smart technologies within hotel rooms. From voice-activated devices and automated lighting to smart thermostats and in-room entertainment systems, guests are seeking a more connected and intuitive experience. Hotels are investing in mobile applications that allow guests to check in, order room service, and control room settings from their smartphones. These technological innovations not only enhance the guest experience but also streamline operations, reducing the need for physical interactions and improving efficiency. The use of artificial intelligence and data analytics has also allowed hotels to personalize their services, offering tailored recommendations and promotional offers based on guest preferences and past behaviors.

Browse over xx market data Figures spread through xx Pages and an in-depth TOC on "United States Hotels Market” 

The United States Hotels Market is segmented into price range, ownership model, booking mode and region.

Based on booking mode, direct booking has emerged as the fastest-growing segment in the United States hotel market. Many travelers now prefer booking directly through hotel websites or apps, bypassing third-party platforms like OTAs (Online Travel Agents). This trend is driven by the increasing demand for personalized services, better rates, and exclusive perks such as free upgrades, loyalty rewards, and flexible cancellation policies offered by hotels for direct bookings. Hotels are actively promoting this channel through marketing campaigns, emphasizing the benefits for both guests and hotel operators, as it helps reduce commission fees paid to third-party platforms, improving profitability.

Based on region, West region is emerging as the fastest-growing segment in the United States hotel market, driven by its diverse tourism offerings, thriving business hubs, and scenic destinations. Popular locations like California, Nevada, and Washington attract millions of visitors annually, thanks to iconic cities such as Los Angeles, San Francisco, and Las Vegas, as well as natural attractions like national parks and coastal resorts. The region benefits from a steady influx of both leisure and business travelers, contributing to strong hotel demand. Additionally, the West is experiencing robust infrastructure development, further supporting its position as a key growth area in the market.

Major companies operating in United States Hotels Market are:

• Marriott International, Inc.
• Radisson Hotel Group
• Accor
• Rosewood Hotel Group
• Hilton Worldwide
• Hyatt Hotels Corporation
• Kimpton Hotels & Restaurants
• Belmond Management Limited
• Wyndham Hotel Group, LLC
• Ace Hotels

Download Free Sample Report

Customers can also request for 10% free customization in this report.

“The United States Hotels Market is positioned for continued growth and innovation, driven by evolving consumer preferences, technological innovations, and the ever-changing landscape of travel and tourism. The industry's ability to adapt to the demands for personalized, sustainable, and tech-driven experiences has positioned it for continued growth. As travel demand continues to rise, the sector is likely to experience further transformations, with a focus on providing guests with unique and memorable experiences. The luxury, lifestyle, and eco-conscious segments are expected to see continued expansion, while challenges related to labor and economic conditions will require ongoing attention and strategic adaptation.” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“United States Hotels Market By Price Range (Economy, Midscale, Luxury), By Ownership Model (Independent Hotels, Chain Hotels), By Booking Mode (Direct Booking, Online Travel Agent & Agencies, Marketplace Booking), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of United States Hotels Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the United States Hotels Market.

Contact Us-

TechSci Research LLC

420 Lexington Avenue, Suite 300,

New York, United States- 10170

M: +13322586602

Email: [email protected]