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Report: Hospitality sector to add 822,700 jobs by 2033

Accommodation employment is expected to increase by 124,700 jobs

Report: Hospitality sector to add 822,700 jobs by 2033

ONE IN EIGHT new jobs created over the next nine years will be in the hospitality and leisure sector, according to the Bureau of Labor Statistics. The U.S. hospitality industry is projected to add about 822,700 jobs between 2023 and 2033.

This growth marks the third-largest increase among all major sectors, following business services and healthcare and social assistance.


“As of 2023, leisure and hospitality recovered all jobs lost during the pandemic in 2020,” BLS stated in a blog post. “Employment is projected to grow from 16.6 million today to 17.4 million by 2033. The sector comprises three main industries: accommodation; food service and drinking places; and arts, entertainment, and recreation.”

Accommodation employment is expected to grow by 124,700 jobs, driven by increased leisure travel demand. Most of these roles will be in hotel, motel and resort desk clerks and food service positions such as cooks.

More than 200 hoteliers from more than 30 states attended the American Hotel & Lodging Association's 'Hotels on the Hill' event on May 18 to lobby Congress for an H-2B Returning Worker Exemption. The association also released an economic analysis showing that U.S. hotels support 8.3 million jobs, or nearly one in 25 American jobs.

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Report: Hotels hold margins despite revenue slump

Report: Hotels hold margins despite revenue slump

Summary:

  • U.S. hotels adjusted strategies as revenue fell short of budget, HotelData.com reported.
  • Hoteliers prioritized cost, labor and forecasting over rate growth.
  • Six 2026 strategies include shifting from static budgets to real-time forecasts.

U.S. HOTELS ADJUSTED strategies to protect profit margins despite revenue lagging budget, according to Actabl’s HotelData.com. RevPAR averaged $119.22 through Sept. 30, 9 percent below budget, while GOP margins held at 37.7 percent, 1.2 points short of target.

HotelData.com’s “Hotel Profitability Performance Report for Q3 2025” showed operators adjusting forecasts, controlling labor and costs and protecting margins as demand softens and expenses rise. The report indicates an industry shift, with hoteliers relying less on rate growth and more on cost control, labor strategies and forecasting to maintain profitability.

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