Home > Airlines, Hotels & Travel > Hotel Market Booms/Luxury Chains Expand While Pod Rooms and Hostels Grow in Popularity

Hotel Market Booms/Luxury Chains Expand While Pod Rooms and Hostels Grow in Popularity, Business and Industry Trends Analysis

The hotel industry has been enjoying significant growth in recent years.  For 2018, STR Global reported that average U.S. hotel occupancy reached 66.2%, up from 65.9% in 2017 and 65.5% in 2016.  Marriott reported a 2.6% worldwide REVPAR (revenue per available room) increase during 2018, to reach $118.27.  Average daily rates were up 2.1% on a constant dollar basis to $182.11, while occupancy fell 0.2% from the previous year, to 72.0%.  The company acquired Starwood Hotels and Resorts Worldwide for approximately $12.2 billion in September 2016.dramatically boosting its total room count.  By the end of 2018, the firm had a…

What you are seeing is just a brief peek at a portion of this analysis. Our system offers a massive amount of vital market research and business data. To view more of our data, click the Free Membership button below.

Plunkett Research Online publishes vital, actionable industry information, statistics and competitive intelligence, constantly updated, including:

  • ✔  100,000 Industry Statistics
  • ✔  500 Industries Analyzed for Market Size, Profits and Forecasts
  • ✔  150,000 Industry Executives Profiled
  • ✔  25,000 Companies Profiled, Ranked and Analyzed
  • ✔  1,000 Vital Trends Analyzed, totaling 1,000,000 words

Plans and Pricing

“Your tool is very comprehensive and immensely useful... I've gotten a lot of valid information. Other than that, the exporting of data is very simple. The comprehensive material is absolutely fabulous.  I am very impressed, I have to say!”

Tammy Dalton, National Account Manager



A Representative List of Organizations that Have Used our Research and Products:

What data challenge can we help you solve today?

  

A REPRESENTATIVE LIST OF ORGANIZATIONS THAT HAVE USED OUR RESEARCH PRODUCTS:

Take a Tour

Contact

Testimonials

Your tool is very comprehensive and immensely useful. The vertical marketing tool is very helpful, for it assists us in that venue, as well as targeting customers’ competition for new sales…The comprehensive material is absolutely fabulous. I am very impressed, I have to say!

Tammy Dalton, National Account Manager, MCI, Tammy Dalton

We are especially trying to push Plunkett since all of our students have to do so much industry research and your interface is so easy to use.

St. John’s College, Library Services

I’m amazed at how much information is available and the various ways to access it. This will be a major resource for our serious job seekers.

Penn State University, Career Services

I really appreciate the depth you were able to get to so quickly (for our project). The team has looked through the material and are very happy with the data you pulled together.

Marketing Manager, Hilton Worldwide

Plunkett Research Online is an excellent resource…the database contains a wealth of useful data on sectors and companies, which is easy to search and well presented. Help and advice on how to conduct, export and save searches is available at all stages.

Penny Crossland, Editor, VIP Magazine

The more I get into the database, the happier I am that we’ll have it–REALLY happy!!! Between the quality and affordability of your product, its appeal to and value for our users, and the inestimably ethical and loyalty-guaranteeing conduct of your business, I will always have more than sufficient praises to sing for Plunkett Research.

Michael Oppenheim, Collections & Reference Services, UCLA

Plunkett Research Online provides a great ‘one stop shop’ for us to quickly come up to speed on major industries. It provides us with an overall analysis of the market, key statistics, and overviews of the major players in the industry in an online service that is fast, easy to navigate, and reliable.

Wendy Stotts, Manager, Carlson Companies-Information Center

We are especially trying to push Plunkett’s since all of our students have to do so much industry research and your interface is so easy to use.

Gary White, Business Materials Selector, Penn State University