Hotel Construction in the US - Market Size (2005–2031)

NAICS OD4670 Last Updated: May 2025

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$23.8bn

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Hotel Construction in the US Market Size in 2025
3.7%

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 Hotel Construction in the US Market Size Growth in 2025
-0.8%

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 Hotel Construction in the US Market Size CAGR 2020-2025

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 Hotel Construction in the US Market Size CAGR 2025-2030

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Questions Clients Ask About This Industry

  • What was the market size of the Hotel Construction in the US in 2024?

    The market size of the Hotel Construction in the US was $22.9bn in 2024.

  • What was the growth rate of the Hotel Construction in the US in 2024?

    The market size of the Hotel Construction in the US increased 6.2% in 2024.

  • What was the market size of the Hotel Construction in the US in 2025?

    The market size of the Hotel Construction in the US is $23.8bn in 2025.

  • What is the growth rate of the Hotel Construction in the US in 2025?

    The market size of the Hotel Construction in the US increased 3.7% in 2025.

  • Has the Hotel Construction in the US grown or declined over the past 5 years?

    The market size of the Hotel Construction in the US has grown at a 6.2% CAGR between 2019 and 2024.

  • Is the Hotel Construction in the US expected to grow or decline over the next five years?

    See our full analysis of the Hotel Construction in the US to understand if the industry market size is expected to grow or decline over the next five years.

  • Has the Hotel Construction in the US grown or declined over the past 5 years?

    The market size of the Hotel Construction in the US has declined at a -0.8% CAGR between 2020 and 2025.

  • Is the Hotel Construction in the US expected to grow or decline over the next five years?

    See our full analysis of the Hotel Construction in the US to understand if the industry market size is expected to grow or decline over the next five years.

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