Bed & Breakfast Inns – Industry Analysis, Statistics, Trends, and Forecasts
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
- Market size and major product and service segments
- Key industry statistics, trends, and financial ratios
- Operating conditions and current performance
- Competitive landscape and environment
- Major company profiles and market shares
- Five-year outlook and growth forecasts
Professional Association of Innkeepers International
Resources available from this trade association include:
InnOvations Magazine
http://www.paii.com/
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
http://www.paii.com/
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.
https://www.phocuswright.com/
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
https://www.thebusinessresearchcompany.com/
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
https://store.mintel.com/
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.
BizMiner Market Analysis Reports
Bed & Breakfast Inns
https://www.bizminer.com Search for "721191" to see available reports
Market analysis reports provide 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.
Financial Statements and Financial Ratios
BizMiner Industry Financial Ratios
Bed & Breakfast Inns
https://www.bizminer.com Search for "721191" to see available reports
- Income and expenses in dollars and percentages
- Balance sheets in dollars and percentages
- Profitability and return on investment ratios
- Liquidity and working capital ratios
- Asset turnover and efficiency ratios
- Capital structure and debt service ratios
IBISWorld Research Reports
Industry Financial Ratios
(see links for individual reports)
Key statistics section of these reports provides detailed income statements and balance sheets on a common-size basis and an array of industry financial ratios, with the financial ratio data presented on an annual basis for the four most recent years for which data is available and on a historical average basis over three-year, five-year, and ten-year time periods. Sample report can be viewed free online.
RMA Annual Statement Studies
Bed & Breakfast Inns
https://www.rmahq.org/
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
https://www.payscale.com/
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
https://www.bls.gov/oes/
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.
BV Guides and Databases
Professional Association of Innkeepers International
Buying or Selling an Inn
http://www.paii.com/
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.
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