Hotels (except Casino Hotels) and Motels vs Caterers

Side-by-side revenue comparison of these two business types.

MetricHotels (exceptCaterers
Average Revenue$2.7M$786K
Profit Margin5.0%5.0%
Est. Owner Income$134K$39K
Revenue / Employee$106K$118K
Labor Cost %32.0%32.0%
Total Businesses44,73912,544
Startup Cost (Low)$100K$100K
Startup Cost (High)$500K$500K
5-Year Survival Rate40.0%40.0%
YoY Growth7.0%7.0%
Avg Employee Wage$41K$33K