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NAICS Code 721110-02 Description (8-Digit)

Hotels & Motels is an industry that provides lodging facilities to travelers and tourists. This industry includes a range of establishments that offer various types of accommodations such as single rooms, suites, and apartments. The services provided by hotels & motels include housekeeping, room service, laundry, and concierge services. The industry is highly competitive and requires a strong focus on customer service to maintain a good reputation.

Hierarchy Navigation for NAICS Code 721110-02

Tools

Tools commonly used in the Hotels & Motels industry for day-to-day tasks and operations.

  • Property management software
  • Online booking systems
  • Revenue management software
  • Point of sale systems
  • Housekeeping management software
  • Customer relationship management software
  • Energy management systems
  • Security systems
  • Electronic door locks
  • Wi-Fi network systems

Industry Examples of Hotels & Motels

Common products and services typical of NAICS Code 721110-02, illustrating the main business activities and contributions to the market.

  • Boutique hotels
  • Budget motels
  • Luxury resorts
  • Extended stay hotels
  • Bed and breakfasts
  • Hostels
  • Vacation rentals
  • Conference centers
  • Spa hotels
  • Airport hotels

Certifications, Compliance and Licenses for NAICS Code 721110-02 - Hotels & Motels

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Food Service Establishment Permit: This permit is required for any establishment that serves food to the public. It ensures that the establishment meets health and safety standards. The permit is issued by the local health department.
  • Hotel and Motel Fire Safety: This certification ensures that the hotel or motel meets fire safety standards. It is issued by the local fire department.
  • Americans with Disabilities Act (ADA) Compliance: This certification ensures that the hotel or motel meets accessibility standards for people with disabilities. It is issued by the Department of Justice.
  • Environmental Protection Agency (EPA) Certification: This certification ensures that the hotel or motel meets environmental standards. It is issued by the Environmental Protection Agency.
  • Occupational Safety and Health Administration (OSHA) Compliance: This certification ensures that the hotel or motel meets safety standards for employees. It is issued by the Occupational Safety and Health Administration.

History

A concise historical narrative of NAICS Code 721110-02 covering global milestones and recent developments within the United States.

  • The "Hotels & Motels" industry has a long and rich history dating back to ancient times. The first recorded establishment of a hotel was in 705 AD in Japan, called the Nishiyama Onsen Keiunkan. In the United States, the first hotel was built in 1607 in Jamestown, Virginia. The industry saw significant growth during the Industrial Revolution, as travel became more accessible and affordable. In the 1950s and 1960s, the industry experienced a boom due to the rise of automobile travel and the construction of the interstate highway system. In recent years, the industry has faced challenges due to the rise of alternative accommodations such as Airbnb and the impact of the COVID-19 pandemic on travel.

Future Outlook for Hotels & Motels

The anticipated future trajectory of the NAICS 721110-02 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The Hotels & Motels industry in the USA is expected to experience a slow but steady recovery in the coming years. The industry is projected to grow at an annualized rate of 3.2% over the next five years, reaching $238.3 billion by 2026. The recovery is expected to be driven by the increasing number of domestic and international travelers, as well as the growing demand for luxury and boutique hotels. However, the industry will continue to face challenges such as rising labor costs, increasing competition from alternative accommodation providers, and the ongoing COVID-19 pandemic. To remain competitive, hotels and motels will need to focus on providing unique experiences, leveraging technology to enhance guest experiences, and implementing sustainable practices to attract environmentally conscious travelers.

Industry Innovations for NAICS Code 721110-02

Recent groundbreaking advancements and milestones in the Hotels & Motels industry, reflecting notable innovations that have reshaped its landscape.

  • Contactless Check-In and Check-Out: Many hotels and motels have implemented contactless check-in and check-out processes to reduce the risk of COVID-19 transmission and improve guest experience.
  • Mobile Room Keys: Some hotels have introduced mobile room keys, allowing guests to use their smartphones to unlock their rooms, eliminating the need for physical keys.
  • Virtual Concierge Services: Hotels are increasingly using virtual concierge services to provide guests with personalized recommendations and assistance, reducing the need for face-to-face interactions.
  • Sustainable Practices: Many hotels are implementing sustainable practices such as energy-efficient lighting, water conservation measures, and waste reduction programs to attract environmentally conscious travelers.
  • Wellness Amenities: Hotels are increasingly offering wellness amenities such as yoga classes, meditation sessions, and healthy food options to cater to the growing demand for wellness-focused travel experiences.

NAICS Code 721110-02 - Hotels & Motels

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