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2018 Market Analysis & Industry Outlook: Bed-and-Breakfast Inns
Overview: the U.S. Bed-and-Breakfast Inns Industry
This section provides answers to key questions about the industry:
- What is the total market size (industry revenue)?
- What is the industry outlook?
- Market Analysis: Is the market growing or declining, and how quickly?
- Are long-term forecasts positive or negative?
- What is the average company size in the industry?
- How many companies are in the industry?
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.
| Statistics | 2012 2013 2014 2015 2016 2017 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following five-year demand forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Market Forecast ($ millions) | ||||||
| Projected Industry Growth Rate (%) | ||||||
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 |
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Room Or Unit Accommodation For Travelers & Others |
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Room Or Unit Accommodation For Travelers, With Maid Service |
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Room Or Unit Accommodation For Travelers, Without Maid Service |
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Alcoholic Beverages Served For Immediate Consumption |
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Meals, Unpackaged Snacks, Sandwiches, Unpackaged Ice Cream & Yogurt, Bakery Items, Other Food Items & Nonalcoholic Beverages Prepared |
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Other Services |
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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.
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 | ||
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 |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| 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. |
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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 | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 4% | Order at top of page |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 1% | |||
| Food Preparation and Serving Related Occupations | 25% | |||
| Cooks and Food Preparation Workers | 5% | |||
| Food and Beverage Serving Workers | 13% | |||
| Waiters and Waitresses | 7% | |||
| Waiters and Waitresses | 7% | |||
| Other Food Preparation and Serving Related Workers | 6% | |||
| Building and Grounds Cleaning and Maintenance Occupations | 29% | |||
| Building Cleaning and Pest Control Workers | 26% | |||
| Building Cleaning Workers | 26% | |||
| Maids and Housekeeping Cleaners | 24% | |||
| Personal Care and Service Occupations | 7% | |||
| Office and Administrative Support Occupations | 19% | |||
| Information and Record Clerks | 14% | |||
| Hotel, Motel, and Resort Desk Clerks | 12% | |||
| Hotel, Motel, and Resort Desk Clerks | 12% | |||
Bed-and-Breakfast Inns Industry Market Share [PREMIUM]
Largest companies in the industry and related industries, with private company revenue estimates.| Company | Address | Revenue Estimate |
|---|---|---|
Innovation News
Top Innovators
| Company | Innovation Score |
|---|---|
| Gurneys Inn Resort & Spa | |
| Cote Family Companies |
Additional companies, details and innovation scoring in the full report.
Latest Industry News
- This Adorable Bride Chose Pink For Her Wedding Dress Color and We're in Love - Joel and Jessilon uniquely combined bohemian elements with woodsy in their wedding at Foxwood Inn Bed and Breakfast in Flat Top, WV. The outdoor setting was absolutely perfect with greenery surrounding the party and a small lake just behind them. (01/10/2018)
- Sister Wives Recap: Barriers, Bridezillas, And A Bed And Breakfast - Meri isn’t saying anything, but you know she hopes this wedding isn’t going to be cutting into her bed and breakfast fund. TELL US – WHAT DID YOU THINK OF LAST NIGHT’S SISTER WIVES PREMIERE? IS TONY A BRIDEZILLA? IS THE B&B MERI’S ESCAPE PLAN? (01/08/2018)
- Mount Dora B&Bs struggle, cry foul as unregulated home-sharing options soar - “It’s not a level playing field,” said Patricia Detwiler, executive director of Florida Bed and Breakfast Inns. In Mount Dora, for-sale signs have popped up on some B&Bs in recent weeks as Airbnb, HomeAway and VRBO rentals vie for their customer (01/08/2018)
- KANSAS PROUD: Bed and breakfast serves meals to first responders - ABILENE, Kan. (KWCH) Abilene's Victorian Inn Bed & Breakfast makes us Kansas Proud by hosting their annual first responder appreciation meals. The bed and breakfast served over 60 meals to Abilene first responders. The police department, fire department ... (01/08/2018)
- One of the ‘Sister Wives‘ opens a Utah bed and breakfast, despite family being seen as ‘felons‘ - Meri Brown said her mother has sold her house in Lehi and will live at Lizzie’s Heritage Inn. The mother and daughter will run the bed and breakfast together, the latter said, in what they want to be a moneymaking endeavor. The ribbon-cutting and grand ... (01/07/2018)
- Authentic hospitality at a Florida B&B - Gerald and Nan Hill operate their Orange City, Fla. bed and breakfast as a team. Guests can attest that they operate the B&B with genuine southern hospitality that begins at the front door and is emphasized the next morning at the dining room table. (01/07/2018)
- Y'all come for breakfast! Asheville inns share their secrets - About a year ago, she took action on that question by chairing a cookbook committee for the Asheville Bed & Breakfast Association, which represents 15 area bed and breakfast inns. The result: publication of "Morning in the Mountains," featuring well loved ... (01/06/2018)
- Belmar Firefighters Still at Scene Several Hours After Fire Erupts at Former Hollycroft Inn in Lake Como - LAKE COMO, NJ — Firefighters were still at the scene nearly three hours after a house fire broke out at 2 Ripley Lane, which was once a popular bed-and-breakfast inn. Belmar's three fire companies, assisted by others from surrounding communities ... (01/05/2018)
- Tiny home bed-and-breakfast sits on 27-acre community for homeless - One of the country’s largest tiny home inns expected to grow in 2018. Visitors can lodge at tiny home bed-and-breakfast for $65-$150 a night in Austin. When Kelley Gatewood needed a solo getaway this summer, she headed from Dallas to Austin to spend a ... (12/27/2017)
- Mayfield Heights may place moratorium on the operation of bed and breakfast inns - MAYFIELD HEIGHTS, Ohio -- Renting out homes, condominiums and apartments as bed and breakfast short-term lodging has become increasingly popular in recent times. While campaigning this fall, some Mayfield Heights City Council members heard from residents ... (11/02/2017)
Government Contracts
In 2016, the federal government spent a total of $68,128 on Bed-and-Breakfast Inns. It has awarded 13 contracts to 4 companies, with an average value of $17,032 per company.Top government vendors:
| Company | Federal Contracts | Total Award Amount |
|---|---|---|
| |
Segments classified within this market research report
This industry market research report includes companies whose primary business is any of the following:Inns, bed and breakfast, Bed and breakfast inns, etc.
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