Lodging Industry Description

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Top Lodging Industry Description

Companies that develop, own, manage, and/or operate lodging facilities, including motels and full-service hotels.

Summary

If your baby leaves you and you need a new place to dwell, these companies offer many more options than the Heartbreak Hotel. The lodging industry includes a broad cross-section of companies that own, manage, or franchise hotels and resort properties offering a variety of amenities for business and leisure travelers. The market is generally broken out according to price and amenities, with budget and limited-service chains accounting for the majority of rooms and upscale and luxury brands generating the highest revenue per available room (RevPAR).

Lodging Industry Terminology



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