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Bed & Breakfast Inns – Industry Analysis, Statistics, Trends, and Forecasts

SIC 7011  |  NAICS 721191

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

See the following sections listed below to view available resources by category:

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

Industry Analysis, Statistics, Trends, and Forecasts

Bed & Breakfast Accommodations  (view report)
Campgrounds & RV Parks  (view report)
Comprehensive industry research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Topics addressed in the reports include:
Sample industry research report and selected industry statistics including market size, five-year average growth rate, number of businesses, and total employment are available free online.

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

InnOvations Magazine
Monthly publication features news and information for inn owners and operators, with topics covered in various issues of this magazine including industry news, market trends, marketing and promotion, customer service, guest safety and security, facility management, housekeeping, personnel staffing, finance, and technology. Sample issue is available online, with magazine available to members only.

The B&B Industry
Introductory section provides an overview of the bed and breakfast industry and includes information on typical occupancy rates, average daily rates, and revenue per available room; facility size (sq. ft.), configuration (e.g., number of rooms, rooms with private baths), and location (e.g., urban, suburban, and rural); amenities offered (e.g., food and beverages, wireless internet); and owner demographics.

Phocuswright | Northstar Travel Media, LLC
B&Bs Unbound – The State of B&Bs in the U.S.

Market research report analyzes of the current state of the B&B sector of the hospitality industry, with topics covered in the report including market sector size, key performance metrics, importance of the B&B sector to various travel segments with a focus on the millennial traveler, impact of shifts in digital technology from both a consumer and operator standpoint, and opportunities for growth in the market.

The Business Research Company
Hotel and Other Travel Accommodations

Comprehensive research report provides a detailed analysis of the travel accommodations market on a global, regional, and country basis, with information provided for the U.S. market including historical and forecast market size by type of travel accommodation (e.g., hotels and motels, casino hotels, bed and breakfast accommodations, and all other accommodations). Table of contents is available online.

Mintel Group Ltd.
Hotel Alternatives - US

Consumer research report provides a detailed analysis of the U.S. market for hotel alternatives (e.g., overnight home/room rentals, vacation rentals, apartment rentals, campgrounds, hostels, and B&Bs), with topics covered including market breakdown, key players, guest segmentation, number and type of stays, reasons for choosing and using hotel alternatives, and consumer attitudes and perceptions.

Market Analysis

Market analysis report provides industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.

More Resources
For more industry research reports and other resources, see the following resource guide.

Financial Statements and Financial Ratios

Industry Financial Ratios
Bed & Breakfast Inns  Search for "721191"
Five-year financial statement analysis reports provide income statements, balance sheets, and key industry financial ratios for companies of all sizes, with financial data available by sales size range on a national, state, and metropolitan area level including:
Sample reports on a national and metropolitan area level are available free online.

RMA Annual Statement Studies
Bed & Breakfast Inns

Annual financial statement analysis provides common-size income statements, balance sheets, and financial ratios by company size based on sales for bed and breakfast operations that provide short- term lodging in private residences that have been converted to accommodate overnight guests and often offer features such as unique location, attractive decor, gourmet food, and personal guest care.

Compensation and Salary Surveys

PayScale, Inc.
Bed & Breakfast

Free online service provides median salary, bonus, and hourly wage data for various job positions in this lodging sector, with positions for which salary or hourly compensation data is provided including innkeeper, general manager, administrative assistant, housekeeper, maid or housekeeping cleaner, housekeeping aide/attendant/assistant, executive chef, line cook, property manager, and caretaker.

U.S. Bureau of Labor Statistics
Traveler Accommodations

Annual wage survey provides hourly rate and annual wage data on a national, state, and metro area basis for occupations in this sector, which includes bed and breakfast operations that provide short- term lodging in private residences that have been converted to accommodate overnight guests and often offer features such as unique location, attractive decor, gourmet food, and personal guest care.

Business Valuation Resources

Professional Association of Innkeepers International
Buying or Selling an Inn

Resources section includes articles and other information on buying or selling a property provided by experienced realtors and financing consultants, with topics covered in this section including obtaining valuation prior to marketing a property, buyer prospecting tips, marketing the property, pre-qualifying buyers, and options available for financing the sale of a property. All articles are available free online.

Private company sales transaction data for over 800 industries.

Related Industries:
Hotels and Motels
RV Parks & Campgrounds
Travel Agencies
Tour Operators


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