Understanding the Impact of Federal Holidays on U.S. Hotel Revenue
🏨 U.S. federal holidays significantly influence hotel revenue, with distinct patterns. Major floating holidays like Thanksgiving, New Year's Eve typically result in a net negative impact on revenue, lessened by 10–20% if occurring near weekends. Winter Monday holidays (MLK Jr. Day, Presidents Day) consistently boost revenue during the preceding weekend without negative post-holiday effects. Conversely, non-winter Monday holidays (Memorial Day, Labor Day) lead to a pre-holiday surge but suffer a significant post-holiday slowdown. Holidays like Columbus Day, Veterans Day, and Juneteenth show no notable revenue impact. Hoteliers can leverage these insights for strategic revenue management.
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