Bed & Breakfast & Hostel Accommodations in the US - Industry Market Research Report

Bed & Breakfast & Hostel Accommodations in the US - Industry Market Research Report

  • June 2016
  • 33 pages
  • Ibisworld
Report ID: 90306

Making room: The numbers of travelers and full-time operators are expected to increase



Abstract

Bed & Breakfast & Hostel Accommodations in the US

Following reduced travel rates and spending during the recession, which negatively impacted all travel industries, demand for bed and breakfast and hostel accommodation began rising in 2010. As the economy improved, so has demand for both domestic and foreign travel . As a result, industry revenue is expected to grow in the five years to 2016. Moving forward, the industry is anticipated to benefit from increased internet penetration rates and a continued resurgence in consumer spending.

This industry comprises establishments that are 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.



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Country=UnitedStates Industry=Tourism ParentIndustry=TravelAndTourism Date=201606 Topic=MarketReport Publisher=Ibisworld Price=1000