	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 - Accommodation

Published: November 2024

Market Size & Industry Statistics

The total U.S. industry market size for Accommodation: 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

Major trends affect the Accommodation industry include:

Rise in eco-friendly accommodations
Growth of the sharing economy
Increasing use of automation and AI technologies
Demand for personalized experiences
Expansion of health and wellness amenities
Surge in boutique hotels
Greater emphasis on safety and cleanliness
Shift towards remote and work-from-anywhere accommodations
Popularity of experiential and adventure travel
Influence of social media on travel decisions
Impact of geopolitics and global economic conditions
Adoption of flexible cancellation policies
Integration of local culture in hospitality services
Development of smart hotels
Challenges due to labor shortages

Product & Services Breakdown

Research products and services in the Accommodation 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
Overnight Recreational Camps, Including Camp Tuition & Fees
Telephone Services
Gambling Services
Table Wagering Games
Gambling Machine Products
Pari-Mutuel Sports Gambling, Away From The Event Premises
Other Gambling Services
Membership Dues & Fees
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
Shared Room Accommodation For Unrelated Parties
Recreational Vehicle ( RV) & Tent Sites For Travelers & Others
Residential Room Or Unit Accommodation
Groceries & Other Food Items For Human Consumption Off The Premises
Alcoholic Beverages Served For Immediate Consumption
Packaged Liquor, Wine, & Beer
Cigars, Cigarettes, Tobacco, & Smokers' Accessories, Excluding Sales From Vending Machines Operated By Others
Automotive Fuels
All Other Merchandise
Souvenirs & Novelty Items
Meals, Unpackaged Snacks, Sandwiches, Unpackaged Ice Cream & Yogurt, Bakery Items, Other Food Items & Nonalcoholic Beverages Prepared
Meals, Snacks, & Beverages Prepared For Catered Events
Admissions To Live Performing Arts Performances
Internet Access Services
Laundry Services
Parking Services, Including Valet Services
Rental Of Retail Space
Rental Of Space For Food Service
Rental Of Space For Short-Term Business Uses
Rental Of Space For Short-Term Social Uses
Equipment Rental Services
Golf Course & Country Club Services
Skiing Facility Services
Other Services
All Other Merchandise, Excluding Lottery Ticket Sales/Commissions

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 Accommodation 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 Accommodation 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 Accommodation 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
Top Executives	6%
Chief Executives	0%
General and Operations Managers	6%
General and Operations Managers	2%
Protective Service Occupations	7%
Other Protective Service Workers	6%
Security Guards and Gambling Surveillance Officers	5%
Food Preparation and Serving Related Occupations	22%
Cooks and Food Preparation Workers	6%
Cooks	10%
Food and Beverage Serving Workers	10%
Waiters and Waitresses	6%
Waiters and Waitresses	6%
Other Food Preparation and Serving Related Workers	6%
Building and Grounds Cleaning and Maintenance Occupations	27%
Building Cleaning and Pest Control Workers	23%
Building Cleaning Workers	23%
Janitors and Cleaners, Except Maids and Housekeeping Cleaners	6%
Maids and Housekeeping Cleaners	21%
Grounds Maintenance Workers	7%
Grounds Maintenance Workers	7%
Landscaping and Groundskeeping Workers	7%
Personal Care and Service Occupations	7%
Entertainment Attendants and Related Workers	16%
Gambling Services Workers	14%
Gambling Dealers	13%
Other Personal Care and Service Workers	7%
Recreation and Fitness Workers	7%
Recreation Workers	7%
Residential Advisors	14%
Residential Advisors	14%
Sales and Related Occupations	5%
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%
Other Office and Administrative Support Workers	6%
Office Clerks, General	5%
Office Clerks, General	5%
Installation, Maintenance, and Repair Occupations	7%
Other Installation, Maintenance, and Repair Occupations	6%
Maintenance and Repair Workers, General	6%
Maintenance and Repair Workers, General	6%

Source: Bureau of Labor Statistics

Accommodation Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Accommodation 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 Accommodation 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 Accommodation industry.

Source:

Innovation News

Recent Federal Contracts for Accommodation

Apr 02, 2024: RITZ-CARLTON HOTEL COMPANY LLC (San Francisco, CA) awarded $191,623
Apr 02, 2024: PIONEER LLC (Pascagoula, MS) awarded $60,000
Apr 02, 2024: BLT FUND9 BETHESDAN, LLC (Bethesda, MD) awarded $27,339
Apr 02, 2024: EASLER MOBILE HOME SERVICE, INC. (Jennings, FL) awarded $37,800
Apr 02, 2024: NEW DTRS MICHIGAN AVENUE, LLC (Chicago, IL) awarded $11,400
Apr 02, 2024: MHC HARBOR LAKES LLC (Chicago, IL) awarded $374,000

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