The changing profile of hotel customers in the US accelerated in 2023. Credit: Sergii Figurnyi via Shutterstock.

Software platform SiteMinder has analysed more than 115m online hotel reservations to display the revenue management practices of US hotels relative to the rest of the world.

Day-by-day hotel price variations show that, in 2023, hotels in the US generated on average $64 more for a Friday stay than for a Sunday stay. This is a variation matched only by Irish and Australian properties globally.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Unsurprisingly, in 2023 July was the busiest month for US hotels, followed by August and June. 1 September was the busiest day, thanks to the Labor Day weekend, and the average gap between a Booking and guest’s check-in (average lead time) –– while not yet at 2019’s levels –– grew by two-and-a-half days to 36.5 days when compared to 2022.

Hotel pricing variations

According to SiteMinder, pricing variation was due in part to a growing desire for deals among travellers who have been forced to adapt their travel preferences in light of rising costs of living.

The report highlights a rise in hotel booking channels that specialise in providing special offers. The top players are Booking.com and Expedia, followed by hotel websites for direct bookings.

See Also:

Global distribution systems, which are traditionally used to access the corporate travel sector, featured as US hotels’ fifth-highest revenue-driving booking channel for the first time.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Despite questions around the current growth rate for corporate travel, the ranking reflects the continued recovery of the segment within the US and the need for local hotels to adapt their revenue management strategies accordingly.

Changing traveller profiles in the US

In the US, the changing profiles of travellers and hotel customers was accelerated in 2023 by the increased proportion of international arrivals. It grew 17% – from 30% in 2022 to 35% in 2023 – to complement the strong domestic travel market which ranked second globally in its contribution to total hotel arrivals.

SiteMinder market vice-president for the Americas Jason Lugo commented: “Our data indicates that US hotels are embracing dynamic revenue management more than almost any country globally. But in a constantly evolving market, there is no room for complacency, and it is critical hotels understand the need to adopt dynamic revenue management practices and how every customer touchpoint is now a revenue opportunity.”