Lodging Industry Financials

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Lodging Industry Financial Summary

The US hotel and motel industry consists of about 30,000 companies that operate 50,000 individual locations, with combined annual revenue over $90 billion. Large US companies include Marriott International, Hilton Hotels, Carlson Hotels, and Starwood Hotels & Resorts. The industry's 50 largest companies hold about 45 percent of the market. The majority of hotels are part of a chain. A typical hotel has about $7 million in annual revenue and 100 employees.

Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Lodging industry.

NAICSNAICS DescriptionEstablishmentsSales, Receipts, or Shipments ($1,000)Annual Payroll ($1,000)Paid Employees
721110Hotels (except casino hotels) & motels46,295$89,357,109$24,204,3641,366,850
721191Bed & breakfast inns3,535$908,652$229,39518,076
721199All other traveler accommodation869$216,497$48,0953,078
721310Rooming & boarding houses2,614$731,362$162,01812,704
 All NAICS Sectors53,313$91,213,620$24,643,8721,400,708

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