2022 Hotel Room Revenue by State

The hotel industry has seen a significant recovery from the impact of the COVID-19 pandemic. In 2020, room revenue fell by nearly 50% across the United States, but it has since rebounded and is expected to surpass 2019 levels by 11% by the end of 2022. However, when adjusted for inflation, real revenue per available room (RevPAR) will not surpass 2019 levels until 2025. Eleven states are projected to see nominal room revenues up 20% or more compared to 2019, while three states and the District of Columbia are not expected to reach 2019 levels this year.