INSIGHTS - APRIL 2024

UK Accommodation Industry

UK Accommodation Industry Information

The accommodation industry includes the provision of short-stay holiday accommodation to longer term student or worker accommodation in hotels, boarding houses, holiday lets, youth hostels, camping grounds, cabins, caravan parks etc.

Active Businesses

30,692

Annual Sales

£49bn +

Employees

532,509

Economic Contribution 

£20bn

Tags

Location of Accommodation Companies

Accommodation Companies by Size

69% Micro

26% Small

4% Mid

1% Large

0% Mega

Accommodation Companies by Age

30% Young

25% Startup

22% Established

22% Mature

0% New

Fastest Growing Accommodation Companies

41% Declining

19% Rapid

18% Healthy

12% High

11% Low

Accommodation Industry Competitive Environment - New Entrants vs Leavers

Accommodation Industry Valuation

EBITDA Multiple

Accommodation Industry Valuation

Turnover Multiple

Accommodation Industry Valuation

Net Asset Multiple

Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
UK Accommodation Industry Insights

There are 30,692 active Businesses in the UK with combined annual sales of £49 billion .

The Industry employs around 532,508 people and contributes £20 billion to the economy.

The most popular location for Accommodation companies is London with 5,910 and the fewest are located in Northern Ireland with 473.

The largest Accommodation company is Intercontinental Hotels Group Plc with a turnover of £3.1bn. 69% of the industry is comprised of Micro companies with only 4% Mid companies.

22% of the Accommodation Industry is made up of 22% Mature but the majority are Young businesses (30%) the oldest company is Crieff Hydro Limited founded in 1867.

Accommodation industry has a number of high growth companies (12%), the fastest growing company is St Giles Hotel (Heathrow) Limited with a 3 year growth rate of 110%. Other fast growing companies include London Portman Hotel Limited (109%), Sunborn International (Uk) Limited (99%) and London Britannia Hotel Limited (94%).

The UK Accommodation Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 10.75x, Turnover multiple of 2.56x and a Net Asset multiple of 2.02x.