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Bed and Breakfast Inns

SIC 7011 | NAICS 721191

The following guide to industry information, research, and analysis provides sources for industry trends and statistics, financial ratios, salary surveys, and more.


Select from the following sections or scroll below to view available resources:

Industry Analysis, Statistics, Trends, and Forecasts

Financial Information and Financial Ratios

Compensation and Salary Surveys

Business Valuation Resources


For guides to other industries, see our index of over 400 industries.




Industry Analysis, Statistics, Trends, and Forecasts


Bed & Breakfast and Hostel Accommodations  (view report)

Comprehensive research reports provide in-depth industry analysis and five-year growth forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Report contents include:

  • Key statistics
  • Market size and characteristics
  • Current performance
  • Competitive landscape
  • Major companies
  • Key risk and success factors
  • Five-year growth forecast


Professional Association of Innkeepers International
Information resources available from this trade association include:

The B&B Industry
http://www.paii.com/
Introductory section provides a summary overview of the bed & breakfast industry, and includes information on typical occupancy rates, average daily rates, and revenue per available room; facility locations, size and configurations; amenities offered; and ownership demographics. All information is available free online.

Industry Study of Innkeeping Performance
http://www.paii.com/
Annual benchmarking publication provides detailed analysis of key operational and financial performance measures for B&Bs and country inns, with performance measures covered in the study including occupancy rates, average daily room rates, revenue per available room (RevPar), and gross room rental revenues.


First Research

Bed & Breakfast Inns
http://www.firstresearch.com
First Research profiles cover key aspects of an industry's size, scope, and operations, and include a five-year revenue growth forecast. Profiles are updated quarterly and include:
  • Industry overview
  • Recent developments
  • Critical issues and challenges
  • Business trends and opportunities
  • Executive insights
  • Financial benchmarking data
  • Five-year growth forecast




Financial Benchmarking Data


Industry Financial Ratios
Bed and Breakfast Inns
http://www.bizminer.com  Search for "721191"
Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level.
  • Income and expense detail in dollars and percentages
  • Balance sheets in dollars and percentages
  • Cash flow analysis
  • Liquidity and working capital ratios
  • Profitability and return on investment ratios
  • Asset turnover and efficiency ratios
  • Capital structure and debt service ratios


Industry Study of Innkeeping Performance
http://www.paii.com/
Annual publication provides a detailed analysis of key performance measures for B&Bs and country inns, with financial performance data provided in the study segmented by gross room rental revenue, number of guest rooms and suites, revenue per available room, average daily rate, occupancy rate, and geographic region.



Compensation Surveys


U.S. Bureau of Labor Statistics
Occupational Employment and Wages - Traveler Accommodations
http://www.bls.gov/oes/current/naics4_721100.htm
Annual occupational employment and wages survey provides hourly and annual wage data for personnel employed in this service sector (which includes hotels, motels, bed and breakfasts, country inns, guest cabins and cottages, and hostels) on a national, state, and metro area basis, with statistical measures for national data including mean, median, and upper/lower quartiles and deciles. All information is available free online.

ERI Economic Research Institute
Lodging and Hospitality Salary Survey
http://www.erieri.com/
Annual salary survey provides compensation data from ERI AssessorĀ®, government, and survey participant databases for personnel employed by hotels, motels, bed and breakfasts, and other short-term and longer-term lodging accommodations, with survey results available on a national and regional level. Complete listing of job positions included in the survey and sample pages for selected job positions are accessible online.



Business Valuation Resources


Professional Association of Innkeepers International
Information resources available from this trade association include:

The Innkeeper's Guide to Selling Your Inn and Other Exit Strategies
http://www.paii.com/
Various topics covered in this publication include how to prepare for the business for sale; working with real estate brokers, consultants, and attorneys; valuing the property and its operations; marketing the business for sale; exploring alternatives to selling the business; and transitioning the property to new ownership.

Inns For Sale Study
http://www.paii.com/
Periodic national study conducted by Inngenium, LLC Lodging Management Consultants provides a snapshot of the real estate marketplace for current and former bed and breakfasts and country inns, with market data provided in the study including asking prices, selling prices where available, and typical marketing periods.


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