	Standard Report	Premium Report
Current State of the Industry
Market Size (industry trends)
Market Forecast (5-year projection)
Products/Services Breakdown
Revenue per State
Financial Metrics
Salary & Compensation Statistics
Public Company Information
Key Private Companies
Government Vendors
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2024 U.S. Industry Statistics & Market Forecast - Bed-and-Breakfast Inns

Published: April 2024

Market Size & Industry Statistics

The total U.S. industry market size for Bed-and-Breakfast Inns: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics	2019 2020 2021 2022 2023
Market Size (Total Sales/Revenue)		Order at top of page
Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Average Revenue Per Employee

Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data

Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.

Forecast / Industry Outlook	2024	2025	2026	2027	2028
Market Forecast ($ millions)
Projected Industry Growth Rate (%)

Source: AnythingResearch Economic Analysis

Industry Insights

The Bed-and-Breakfast (B&B) Inns industry is influenced by various trends that have emerged over the years. Firstly, social media has played a crucial role in brand awareness and guest acquisition for B&Bs. With more people relying on social media to research travel destinations, B&Bs can leverage these platforms to promote their services and attract guests. Secondly, the demand for unique and personalized travel experiences has increased, and B&Bs can capitalize on this trend by offering personalized services that cater to guests' individual needs.

Thirdly, the rise of the sharing economy has resulted in the emergence of alternative accommodation options such as Airbnb, which has disrupted the traditional B&B business model. However, some B&Bs have adopted technology to enhance guest experience and retention.

Fourthly, sustainability has become an essential aspect of the travel industry, and B&Bs can incorporate sustainable practices that reduce their carbon footprint and attract eco-conscious guests.

Lastly, the COVID-19 pandemic has significantly impacted the B&B industry. Measures such as social distancing and travel restrictions have resulted in reduced occupancy rates and revenue decline. To remain competitive, B&Bs can adopt technology to offer contactless services such as online check-ins, food orders, and payment options.

In conclusion, B&Bs should keep up with these trends to remain competitive and attract modern travelers who are increasingly inclined towards personalized, sustainable, and technology-driven travel experiences.

Product & Services Breakdown

Research products and services in the Bed-and-Breakfast Inns industry generating sales. Note that products are broken into categories with different levels of classification.

Product Description	Number of Companies	Sales ($ millions)	Percent of Total Sales
Industry Total
Room Or Unit Accommodation For Travelers & Others
Room Or Unit Accommodation For Travelers, With Maid Service
Room Or Unit Accommodation For Travelers, Without Maid Service
Alcoholic Beverages Served For Immediate Consumption
Meals, Unpackaged Snacks, Sandwiches, Unpackaged Ice Cream & Yogurt, Bakery Items, Other Food Items & Nonalcoholic Beverages Prepared
Other Services

U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

	Industry Average	Percent of Sales (Industry Benchmark)
Total Revenue	Order at top of page
Operating Revenue
Cost of Goods Sold
Gross Profit
Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit Net Income

Source: AnythingResearch Analysis of U.S. federal statistics

Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Bed-and-Breakfast Inns company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation Ratios	Industry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Bed-and-Breakfast Inns industry is performing.
Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Bed-and-Breakfast Inns measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.

Liquidity Ratios	Industry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories.

Efficiency Ratios - Key Performance Indicators	Industry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.

Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

Title	Percent of Workforce	Bottom Quartile
Management Occupations	6%	Order at top of page
Chief Executives	0%
General and Operations Managers	1%
Food Preparation and Serving Related Occupations	22%
Food and Beverage Serving Workers	10%
Waiters and Waitresses	6%
Waiters and Waitresses	6%
Building and Grounds Cleaning and Maintenance Occupations	27%
Building Cleaning and Pest Control Workers	24%
Building Cleaning Workers	24%
Maids and Housekeeping Cleaners	22%
Personal Care and Service Occupations	7%
Office and Administrative Support Occupations	19%
Information and Record Clerks	14%
Hotel, Motel, and Resort Desk Clerks	13%
Hotel, Motel, and Resort Desk Clerks	13%
Installation, Maintenance, and Repair Occupations	6%
Other Installation, Maintenance, and Repair Occupations	6%
Maintenance and Repair Workers, General	5%
Maintenance and Repair Workers, General	5%

Source: Bureau of Labor Statistics

Bed-and-Breakfast Inns Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Bed-and-Breakfast Inns industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Bed-and-Breakfast Inns industry and adjacent sectors:

Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry	Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries
Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.	Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Bed-and-Breakfast Inns industry.

Source:

Innovation News

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