Hotels (except Casino Hotels) and Motels in Minnesota
Revenue benchmarks for hotels (except casino hotels) and motels businesses operating in Minnesota.
#19 of 50 states-24.8% vs national avg
Average Revenue
$2.0M
per year
Businesses
756
in Minnesota
Revenue / Employee
$92K
per year
Labor Cost
32.0%
of revenue
Profit Margin
5.0%
industry average
Market Saturation
13.2
firms per 100K in MN
Total Revenue
$1.5B
all firms in MN
Total Employees
16,547
in MN
How Minnesota Compares
National Average$2.7M
Minnesota$2.0M
Difference$667K (-24.8%)