Hotel capacity increased by 50% from 1995 to 2019. Demand grew at the same 50% rate, although not always in lockstep. Occupancy averaged a healthy 63% (almost two-thirds) through this period, with significant differences due to changes in construction and the economy. The price per room averaged about $125 per night in real 2020 dollars, … Continue reading Good News: Growing US Hotel Capacity, More Consumer Choice