The Continuing
Evolution of the U.S.
Lodging Industry
A Twenty-Year View
by MarK V. LOMaNNO
2010 COrNeLL uNIVerSITy
DOI: 10.1177/1938965509357852
Volume 51, Issue 1 15-19
Although the U.S. lodging industry as a whole has
grown substantially in the past twenty years, a nota-
ble shift has occurred in the distribution of rooms.
Long-standing chains have been eclipsed by newer
brands, and most of the growing brands operate mid-
scale limited-service hotels or upscale and above.
Midscale hotels with food and beverage and econ-
Twenty years can seem like a lifetime in the hotel
industry. In that time, a hotel could be built,
prosper, decline, and be renovated or removed
from the supply. Smith Travel Research (STR) has
tracked the hotel industry performance during that
time, and we have an unmatched view of the winners,