Bed & Breakfast Inns

First Research, Inc.
November 17, 2014
10 Pages - SKU: FRRS5388709
Countries covered: United States

Bed & Breakfast Inns

Brief Excerpt from Industry Overview Chapter:

Companies in this industry provide short-term lodging in private homes or small buildings converted to hotels; full breakfast typically is included in the room rate. No major companies operate in the industry.

The US bed and breakfast (B&B) industry includes about 15,000 establishments (single-location companies or units of multi-location companies), most of which are family-owned and operated. About 3,000 B&Bs have paid employees on staff; those establishments generate combined annual revenue of about $1 billion. Industry-wide revenue is more than $3 billion annually, according to the Professional Association of Innkeepers International.

COMPETITIVE LANDSCAPE

Demand is driven by personal disposable income. The profitability of individual establishments depends on occupancy rate and operational efficiency. Larger B&Bs may have advantages in providing a range of offerings and prices to suit a variety of traveler budgets. Small establishments can compete effectively by offering superior customer service to target markets. The industry is highly fragmented: the 50 largest companies account for about 15 percent of revenue.

B&Bs compete for overnight accommodations with other hospitality establishments such as hotels, motels, extended-stay inns, country inns, RV parks, and campgrounds. Distinctions between country inns and B&B inns aren't always clear, but typically a country inn has 10 or more rooms and operates a restaurant on premises, while B&Bs average about six rooms and serve only breakfast.

PRODUCTS, OPERATIONS & TECHNOLOGY

The major offering of B&Bs is rental of guest rooms (about 80 percent of revenue): other sources of revenue...



More Leisure Travel reports by First Research, Inc.

Recreational Vehicle Parks by First Research, Inc.
Recreational Vehicle ParksBrief Excerpt from Industry Overview Chapter:Companies in this industry operate facilities to accommodate campers using tents, travel trailers, and recreational vehicles (RVs). Major ...
See all reports like this >>

More United States Leisure Travel reports

Travel and Tourism in the US to 2018 by Travel & Tourism Intelligence Centre
Travel and Tourism in the US to 2018 Summary The US is the largest global market in terms of inbound tourist expenditure, which ...
Recreational Vehicle Parks by First Research, Inc.
Recreational Vehicle ParksBrief Excerpt from Industry Overview Chapter:Companies in this industry operate facilities to accommodate campers using tents, travel trailers, and recreational vehicles (RVs). Major ...
Travel and Tourism - the US by Euromonitor International
Travel and Tourism in the USThe US travel and tourism industry experienced growth in all major categories in 2013, a reflection of the slowly improving ...
Databook Q1 2014: US Social Media Advertising Spend - Leisure Travel & Tourism Industry by Socintel360
Databook Q1 2014: US Social Media Advertising Spend in Leisure Travel & Tourism IndustrySocial media advertising spend by leisure, travel & tourism brands in the ...
See all reports like this >>

More United States reports

The 2013-2018 Outlook for Collagen and (hyaluronic Acid) HA-Based Biomaterials in the United States by Icon Group International, Inc.
The 2013-2018 Outlook for Collagen and (hyaluronic Acid) HA-Based Biomaterials in the United StatesThis econometric study covers the latent demand outlook for collagen and (hyaluronic ...
The 2013-2018 Outlook for Relish in the United States by Icon Group International, Inc.
This econometric study covers the latent demand outlook for relish across the states and cities of the United States. Latent demand (in millions of U.S. ...
See all reports like this >>

 

SELECT A LICENSE

    Online Download  USD 129  
 
US: 800.298.5699
Int'l: +1.240.747.3093
 

Share this report


    Other tasks

     
     
    Join Alert Me now!
    Receive bi-weekly email alerts on new market research

    Sign up today!