Hotel Industry Fact Sheet - Hotel Association of Canada


Where did the state of the hotel industry findings come from?

  • AHLA’s State of the Hotel Industry findings were produced using exclusive analysis from Oxford Economics and data from STR, © 2022 CoStar Group 18 LODGING, “Knowland Releases U.S. Meetings Recovery Forecast,” November 12, 2021 at

How can the hotel industry grow through Internationalisation?

  • 1With a global hotel industry growth of 3-5%, there are opportunities for local companies to further grow revenue through internationalisation. 2. Changing customers’ expectations Different innovative formats of customer engagement need to be adopted to better meet changing customers’ expectations, especially the millenials. 4.

What does the foundation do for the hotel industry?

  • In 2020, the Foundation also announced a new commitment of $5 million and an action plan over the next five years to advance diversity, equity, and inclusion within the hotel industry. 17 companies should focus on in this area are carbon emission reduction, recycling, and food waste reduction.

How much money does the hotel industry make?

  • Prior to the pandemic, the hotel industry’s 5.4 million guest rooms generated more than $169 billion in annual room revenue, which does not include the additional tens of billions generated by renting meeting rooms and other ancillary revenue sources.
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