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Analysis and the Impact of the American Hotel Industry
People are the heart and soul of the hotel industry.
The American Hotel & Lodging Association and Oxford Economics recently released a detailed analysis documenting the economic impact of the American hotel industry. The study, which includes a breakdown of the hotel industry’s impact in every state and congressional district, provides a comprehensive look at how hotels are contributing to communities across the nation. It finds that in 2022:
• American hotels supported 8.3 million American jobs, which is equivalent to nearly one in 25 U.S. jobs
• Hotel guests spent a total of more than $691 billion on lodging, transportation, food and beverage, retail, and other expenses
• For each $100 of spending on lodging, hotel guests spent another $220 during their trip
• Hotels paid employees more than $104 billion in wages, salaries, and other compensation and supported $463 billion in total wages, salaries, and other compensation
• Hotels directly generated $72.4 billion in federal, state, and local tax revenue and supported nearly $211.2 billion in total federal, state, and local tax revenue