Traveler Accommodation - Market Size, Financial Statistics, Industry Trends
Industry Overview
This industry group comprises establishments primarily engaged in providing short-term lodging in facilities, such as hotels, motels, casino hotels, and bed-and-breakfast inns. In addition to lodging, these establishments may provide a range of other services to their guests.Source: U.S. Census Bureau
Traveler Accommodation Market Size
This report includes historical and forecasted market sizes and industry trends for Traveler Accommodation. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Traveler Accommodation industry.| Historical | Forecasted | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | |
| Market Size (Total Revenue) | Included in Report |
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| % Growth Rate | |||||||||||
| Number of Companies | |||||||||||
| Total Employees | |||||||||||
| Average Revenue per Company | |||||||||||
| Average Employees per Company | |||||||||||
Industry Revenue ($ Billions)
Industry Forecast ($ Billions)
Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Traveler Accommodation industry.
Geographic Breakdown by U.S. State
Traveler Accommodation market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Traveler Accommodation companies in the United States.Industry Revenue by State [Sample]
Distribution by Company Size
| Company Size | All Industries | Traveler Accommodation |
|---|---|---|
| Small Business (< 5 Employees) | Included |
|
| Small Business (5 - 20) | ||
| Midsized Business (20 - 100) | ||
| Large Business (100 - 500) | ||
| Enterprise (> 500) | ||
Industry Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" Traveler Accommodation company (both public and private companies are included).
| Industry Average | Percent of Sales | |
|---|---|---|
| Total Revenue | Included |
|
| Operating Revenue | ||
| Cost of Goods Sold (COGS) | ||
| Gross Profit | ||
| Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| Earnings Before Interest and Taxes (EBIT) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit | ||
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.| Financial Ratio | Industry Average |
|---|---|
| Profitability Ratios | Included |
| Profit Margin | |
| ROE | |
| ROA | |
| Liquidity Ratios | |
| Current Ratio | |
| Quick Ratio | |
| Activity Ratios | |
| Average Collection Period | |
| Asset Turnover Ratio | |
| Receivables Turnover Ratio | |
| Inventory Conversion Ratio |
Products and Services Mix
Product lines and services in the Traveler Accommodation industry accounting for the largest revenue sources.| Product Description | Description | Revenue ($ Millions) |
|---|---|---|
| Industry total | Included |
|
| Room or unit accommodation for travelers and others | ||
| Room or unit accommodation for travelers, with maid service | ||
| Gambling services | ||
| Gambling machine products | ||
| Meals, snacks and beverages prepared for immediate consumption | ||
| Other services | ||
| Table wagering games | ||
| Alcoholic beverages served for immediate consumption | ||
| Meals, snacks & beverages prepared for catered events | ||
Compensation and Salary Surveys
Salary information for employees working in the Traveler Accommodation industry.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 4% |
Included |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 1% | |||
| Protective Service Occupations | 6% | |||
| Other Protective Service Workers | 5% | |||
| Security Guards and Gaming Surveillance Officers | 5% | |||
| Food Preparation and Serving Related Occupations | 25% | |||
| Cooks and Food Preparation Workers | 5% | |||
| Cooks | 5% | |||
| Food and Beverage Serving Workers | 13% | |||
| Waiters and Waitresses | 8% | |||
| Waiters and Waitresses | 8% | |||
| Other Food Preparation and Serving Related Workers | 6% | |||
| Building and Grounds Cleaning and Maintenance Occupations | 28% | |||
| Building Cleaning and Pest Control Workers | 26% | |||
| Building Cleaning Workers | 26% | |||
| Maids and Housekeeping Cleaners | 23% | |||
| Personal Care and Service Occupations | 7% | |||
| Supervisors of Personal Care and Service Workers | 5% | |||
| Entertainment Attendants and Related Workers | 16% | |||
| Gaming Services Workers | 15% | |||
| Gaming Dealers | 13% | |||
| Office and Administrative Support Occupations | 18% | |||
| Information and Record Clerks | 13% | |||
| Hotel, Motel, and Resort Desk Clerks | 12% | |||
| Hotel, Motel, and Resort Desk Clerks | 12% | |||
| Installation, Maintenance, and Repair Occupations | 5% | |||
Government Contracts
The federal government spent an annual total of $304,883,415 on the Traveler Accommodation industry. It has awarded 16,805 contracts to 2,001 companies, with an average value of $152,366 per company.Top Companies in Traveler Accommodation and Adjacent Industries
| Company | Address | Revenue ($ Millions) |
|---|---|---|
Included |
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