Hotels (except Casino Hotels) and Motels in New York
Revenue benchmarks for hotels (except casino hotels) and motels businesses operating in New York.
#5 of 50 states+50.7% vs national avg
Average Revenue
$4.1M
per year
Businesses
2,025
in New York
Revenue / Employee
$161K
per year
Labor Cost
32.0%
of revenue
Profit Margin
5.0%
industry average
Market Saturation
10.0
firms per 100K in NY
Total Revenue
$8.2B
all firms in NY
Total Employees
51,080
in NY
How New York Compares
National Average$2.7M
New York$4.1M
Difference+$1.4M (+50.7%)