Hotels (except Casino Hotels) and Motels in Michigan
Revenue benchmarks for hotels (except casino hotels) and motels businesses operating in Michigan.
#34 of 50 states-39.2% vs national avg
Average Revenue
$1.6M
per year
Businesses
1,264
in Michigan
Revenue / Employee
$92K
per year
Labor Cost
32.0%
of revenue
Profit Margin
5.0%
industry average
Market Saturation
12.5
firms per 100K in MI
Total Revenue
$2.1B
all firms in MI
Total Employees
22,391
in MI
How Michigan Compares
National Average$2.7M
Michigan$1.6M
Difference$1.1M (-39.2%)