NAICS Code 7211 - Traveler Accommodation

NAICS 7211 - Traveler Accommodation

NAICS 72 - Accommodation and Food Services
NAICS 11 - Sector 11--Agriculture, Forestry, Fishing and Hunting NAICS 21 - Sector 21--Mining NAICS 22 - Sector 22--Utilities NAICS 23 - Sector 23--Construction NAICS 31 - Sector 31-33--Manufacturing NAICS 42 - Sector 42--Wholesale Trade NAICS 44 - Sector 44-45--Retail Trade NAICS 48 - Sector 48-49--Transportation and Warehousing NAICS 51 - Sector 51--Information NAICS 52 - Sector 52--Finance and Insurance NAICS 53 - Sector 53--Real Estate and Rental and Leasing NAICS 54 - Sector 54--Professional, Scientific, and Technical Services NAICS 55 - Sector 55--Management of Companies and Enterprises NAICS 56 - Sector 56--Administrative and Support and Waste Management and Remediation Services NAICS 61 - Sector 61--Educational Services NAICS 62 - Sector 62--Health Care and Social Assistance NAICS 71 - Sector 71--Arts, Entertainment, and Recreation NAICS 72 - Sector 72--Accommodation and Food Services NAICS 81 - Sector 81--Other Services (except Public Administration) NAICS 92 - Sector 92--Public Administration
- NAICS 721 - Accommodation
  NAICS 721 - Accommodation NAICS 722 - Food Services and Drinking Places
  - NAICS 7211 - Traveler Accommodation
    NAICS 7211 - Traveler Accommodation NAICS 7212 - RV (Recreational Vehicle) Parks and Recreational Camps NAICS 7213 - Rooming and Boarding Houses

This industry comprises establishments primarily engaged in providing short-term lodging in facilities known as hotels, motor hotels, resort hotels, and motels. The establishments in this industry may offer food and beverage services, recreational services, conference rooms and convention services, laundry services, parking, and other services.

Industry trends:

In NAICS 7211, Power Laundries, Family And Commercial, recent qualitative trends indicate a growing emphasis on sustainable and eco-friendly practices. Businesses in this sector are increasingly adopting green technologies, such as high-efficiency washing machines and biodegradable detergents, to reduce their environmental footprint and appeal to environmentally conscious consumers.

Technological advancements are also transforming the industry, with the integration of digital solutions for better logistics, customer management, and service delivery. Mobile apps and online platforms that offer convenient booking and payment options are becoming more prevalent, catering to the demand for seamless and efficient customer experiences.

Another emerging trend is the increasing interest in hygiene and cleanliness, likely spurred by ongoing health concerns. This has led to the adoption of more stringent sanitation protocols and the use of antimicrobial treatments in laundry processes.

Forecasts for the near future suggest a continuing shift towards automation and touchless services, aiming to enhance operational efficiency and minimize physical contact. Additionally, there is expected to be a growing market for specialized services tailored for niche segments, such as medical and hospitality industries, which require specific cleaning standards and certifications.

This industry is comprised of:

NAICS 72111 - Hotels (except Casino Hotels) and Motels

NAICS 72112 - Casino Hotels

NAICS 72119 - Other Traveler Accommodation

Explore related industries:

NAICS 5615 - Travel Arrangement and Reservation Services NAICS 6231 - Nursing Care Facilities NAICS 7132 - Gambling Industries

Buy the detailed report

This report includes the ability to segment your Industry by:

Region
Employees
Net Sales

Company Age
Total Assets
Ownership Type

Download sample reports

With iCFO You Get

What Is iCFO?

A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.

Sound Business Analysis

Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.

Your Business’ Health In Minutes

It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.