Hotels (except Casino Hotels) and Motels in New Jersey

Revenue benchmarks for hotels (except casino hotels) and motels businesses operating in New Jersey.

#24 of 50 states-29.4% vs national avg

Average Revenue

$1.9M

per year

💰

Businesses

934

in New Jersey

🏢

Revenue / Employee

$112K

per year

👤

Labor Cost

32.0%

of revenue

👥

Profit Margin

5.0%

industry average

📈

Market Saturation

10.1

firms per 100K in NJ

🎯

Total Revenue

$1.8B

all firms in NJ

💵

Total Employees

15,814

in NJ

👷

How New Jersey Compares

National Average$2.7M
New Jersey$1.9M
Difference$791K (-29.4%)