Households drive market demand, with household spending representing 76.2% of total demand in 2022. Marriott International Inc is the largest company in the US, generating 3.6% of the industry’s total turnover value in 2022. The industry is fragmented, with the top five companies generating 12.1% of total production value in 2022. The total number of companies increases in 2022, to 83,488 units. The costs of the industry increase by 23.7% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 25.0% of turnover in 2022, the highest across the top 20 developed countries. With turnover of USD264 billion, the US accounts for 93.5% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Hotels and Camping Sites in the US: ISIC 551. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Hotels and Camping Sites in the US: ISIC 551 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of hotels and camping sites and restaurants, bars and canteens.See All of Our Definitions
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