2022 Hotel Booking Index Holiday Travel Overview
November 4, 2022
Summary
The 2022 Holiday Travel Survey indicates a strong short-term outlook for the hotel industry, driven by high travel likelihood, financial security, and a preference for hotel stays among U.S. adults. The Hotel Booking Index scores a solid 7.1/10, reflecting optimism due to 59% of employed adults planning to travel for business and 39% for leisure within the next three months. Importantly, a majority of those certain to travel prefer hotel accommodations, and a substantial share report feeling financially secure (28% very comfortable), supporting continued recovery and hotel occupancy growth in the coming months.