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

Bed & Breakfast & Hostel Accommodations in the US

The Bed and Breakfast and Hostel Accommodations industry has benefited over the five years to 2018 from a growing economy. Driven by an increase in travel rates and spending during the five-year period, which has positively affected all travel industries, demand for bed and breakfast and hostel accommodation has risen steadily. With the rise of websites like Airbnb that let people rent out their lodging, small businesses that specialize in providing less costly or more personalized alternatives to hotels have contended with increasing competition. Airbnb now has more than 2.0 million accommodation listings around the world. This rapid growth has constrained industry growth over the past five years. The internet has become the main platform for small accommodation providers to advertise, and those with a superior online presence are more likely to succeed. The industry is likely to benefit from increased internet penetration rates over the next five years to 2023.

This industry comprises establishments that are primarily engaged in providing short-term lodging. Excluded from this industry are 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.


TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

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