Bed & Breakfast & Hostel Accommodations in the US

More traveling means greater growth

Market research, knowing your product and your customer is key in this growth industry. The industry is also expected to benefit from the increase in leisure time consumers have. It is also expected to continue to segment on the basis of facilities and price. While the average number of rooms per establishment will increase as more full-time operators enter the industry, it will still remain a small business industry.

This industry comprises establishments primarily engaged in providing short-term lodging (except hotels, motels, and casino hotels). This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.