B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Dated
15%
15% -- annual revenue growth rate for US budget hotels (2023)
The US budget hotel sub-sector experienced a YoY revenue increase of 15% from 2022 to 2023.
Attribution:
View source
Lighthouse Research Team
Last verified:
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Source verified
Evidence graded
Value
15%
Unit
Percentage
Data Vintage
2023
Entity
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
95
Source Trust
50
Citation Chain
90
Independence
30
Methodology
45
Freshness
83
Source
ResearchAndMarkets.com
Primary
Tier A
https://www.researchandmarkets.com/r/an1tlf ↗
Source Article
Premiumization in Global Travel & Tourism Markets: 2024 Thematic Research Report
Dublin, Feb. 21, 2024 (GLOBE NEWSWIRE) -- The "Premiumization in Travel & Tourism (2024) - Thematic Research" report has been added to ResearchAndMarkets.com's offering.
This thematic research report takes an in-depth look at the theme of premiumization and the impact it has on the travel and touris…
Original Research
ResearchAndMarkets.com
· Original study ↗
Methodology
Hotels Database
Methodology documented
Segmentation
Channelcommon_crawl
Cite this stat
Plain Text
US budget hotels: 15% annual revenue growth rate. Source: ResearchAndMarkets.com (2023). Via Lighthouse Intelligence -- https://lighthousedata.io/data/us-budget-hotel-revenue-increase-2023
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<blockquote cite="https://lighthousedata.io/data/us-budget-hotel-revenue-increase-2023" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>15%</strong> -- annual revenue growth rate for US budget hotels<br><small>Source: ResearchAndMarkets.com (2023) · <a href="https://lighthousedata.io/data/us-budget-hotel-revenue-increase-2023" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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