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Simply put, a typical bed and breakfast is a small lodging accommodation that offers overnight accommodation and breakfast to guest that lodge there.
According to the US Census Bureau County Business Patterns, there were 3,042 bed and breakfast inns with paid employees – 721191.
These bed and breakfasts employed 19,665 employees in 2001 in the United States.
Usually, bed and breakfasts were seen as the ideal place for the weekend-getaway; nevertheless, this only accounted in occupancy for three nights of the week.
Business travelers accounts for 52 percent of the lodging industry.
People who start bed and breakfast business do so as a result of maximizing the vacant rooms within their apartments.
B&B Business Plan
Some of them do so when their children grows out of the house or are in college, and their apartment is located in a traveling route or a tourist destination, they tend to take advantage and start a bed and breakfast business.Normally, people that run bed and breakfasts make used of their private homes or their family homes.The average bed and breakfasts have 6 rooms, but generally, bed and breakfasts operate 4 to 11 rooms within a facility.Recently, bed and breakfasts are now shifting their attention to weekday travelers and they have gone ahead to start making provision for amenities such as in-room data ports, high-speed Internet connections, DVD, and many other trappings sought by business travelers.So also, the numbers of bed and breakfasts adding meeting room space to their facilities is on the increase.Here below is a sample business plan template that will help you.The hospitality industry has been in existence from time immemorial and it is still waxing strong simply because people can’t do away with the services they offer.The survey asked how guests find out about bed and breakfasts and reported the following results: 49% Internet, 18% Word of mouth, 6% Print advertising and travel guides.The survey also found that one-third of bed and breakfasts charge more than 5 a night.One of the good news is that it is a business that sure guarantees good returns on your investment.One thing is certain, it is easier to find several bed and breakfast businesses scattered in a neighborhood, which is why most bed and breakfast owners ensures that they put facilities in places that will not only guarantee the safety and relaxation for their guests, but also create an ambience that will give them room to socialize.