Article Summary: Hotels near five of the most popular U.S. National Parks have consistently seen performance growth in the past five years.
Hotels near five of the most popular U.S. National Parks have consistently seen performance growth in the past five years.
Primary Category: Infographics
HENDERSONVILLE, Tennessee—National Parks are more popular than ever. With recreational visits increasing by 3.7% annually since 2014, National Parks are helping fill the growing appetite for travelers seeking affordable, unique and authentic experiences.
As an increasing number of visitors descend upon National Parks, area hotels are experiencing strong rate growth. In the past five years, average daily rate (ADR) at hotels adjacent to National Parks has grown at a solid 4.1% annually—stronger than the 3.3% national rate of ADR growth.
Since Yellowstone was established as the first National Park in 1872, these lands have become an integral part of American culture, offering a place of respite and refuge in some of the most beautiful parts of the country.
Altogether, there are 59 National Parks in the continental U.S. with more than 85 million people visiting these parks each year.
Although camping is a popular means of visiting National Parks, with more than 4 million campers in 2018, approximately 900 hotels—accounting for more than 12 million roomnights booked in 2018—open up National Parks for travelers who want to experience the great outdoors but still have access to the amenities and comforts of a hotel.
So, which National Park hotel markets have experienced the strongest ADR growth in the past five years?
This infographic summarizes performance trends in five key National Park hotel markets.
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Headline: National Park hotels highlight shift in travel patterns
Article Date: 9/6/2019
Article Time: 8:30:00 AM