PPB March 2016

MARKET

TO MARKET

Checking In With The

U.S. Hospitality Trade

The U.S. lodging industry employs nearly

two million

people

, according to the Bureau of Labor Statistics.

Jobs include management, front-desk service personnel,

housekeeping and janitorial services, as well as in-house

food service personnel.

Members of the

American Hotel & Lodging Association

, the industry’s primary

trade group, own and operate more than

53,000 properties

and generate a

combined

$176 million

in annual sales from

five million guest rooms

Room Numbers

U.S. Occupancy Rate:

65 percent

Average Daily Rate:

$121.37

Average Hourly Wages

(all employees):

$16.59

Average Weekly Hours:

30.6

(November 2015)

Around The World In 80 Stays

THE GLOBAL HOTEL INDUSTRY is forecast to generate $550 billion in revenue this year. The

biggest contributor? UK-based InterContinental Hotels Group. Runners-up include Hilton Worldwide

and Marriott International. Here are a few more global numbers on the international hospitality trade.

Most Haunted Hotel:

Stanley

Hotel, Estes Park, Colorado—

otherwise known as the inspira-

tion for

The Shining

Least Expensive Destination:

Kiev, Ukraine—where visitors

spent an average of $23 per day

for food, lodging, local travel and

entertainment in 2014

Most Expensive Destination:

Switzerland—on top of costly air-

fare, an average hotel night costs

nearly $250, and goods and serv-

ices cost 50 percent more than in

the U.S.

Highest Daily Rate:

Monte Carlo, $331.63

Highest Average Room Service

Cost:

Helsinki, Finland; $88.94

Largest Hotel:

First World Hotel,

Genting Highlands, Malaysia—

7,351 rooms

Most Remote Lodging:

Hotel

Patagonia near Lake Pehoé in

Chile—it’s 170 miles from the

nearest town

PHOTO BY ROBERT KELSEY/SHUTTERSTOCK

PHOTO BY TOOYKRUB/SHUTTERSTOCK

44 •

PPB

• MARCH 2016

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