Hotels (except Casino Hotels) and Motels vs Drinking Places (Alcoholic Beverages)
Side-by-side revenue comparison of these two business types.
| Metric | Hotels (except | Drinking Places |
|---|---|---|
| Average Revenue | $2.7M | $641K |
| Profit Margin | 5.0% | 5.0% |
| Est. Owner Income | $134K | $32K |
| Revenue / Employee | $106K | $85K |
| Labor Cost % | 32.0% | 32.0% |
| Total Businesses | 44,739 | 37,490 |
| Startup Cost (Low) | $100K | $100K |
| Startup Cost (High) | $500K | $500K |
| 5-Year Survival Rate | 40.0% | 40.0% |
| YoY Growth | 7.0% | 7.0% |
| Avg Employee Wage | $41K | $26K |