INSIGHTS - OCTOBER 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

31,854

Annual Sales

£53bn +

Employees

551,135

Economic Contribution 

£21bn

Tags

Location of Accommodation Companies

Accommodation Companies by Size

68% Micro

26% Small

5% Mid

1% Large

0% Mega

Accommodation Companies by Age

28% Young

27% Startup

21% Established

21% Mature

2% New

Fastest Growing Accommodation Companies

36% Declining

23% Rapid

18% Healthy

14% High

8% Low

Accommodation Industry Competitive Environment - New Entrants vs Leavers

Accommodation Industry Valuation

EBITDA Multiple

Data only available to Pomanda Pro subscribers.

Accommodation Industry Valuation

Turnover Multiple

Data only available to Pomanda Pro subscribers.

Accommodation Industry Valuation

Net Asset Multiple

Data only available to Pomanda Pro subscribers.

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

There are 31,854 active Businesses in the UK with combined annual sales of £53 billion .

The Industry employs around 551,135 people and contributes £21 billion to the economy.

The most popular location for Accommodation companies is London with 6,176 and the fewest are located in Northern Ireland with 501.

The largest Accommodation company is Intercontinental Hotels Group Plc with a turnover of £3.7bn. 68% of the industry is comprised of Micro companies with only 5% Mid companies.

21% of the Accommodation Industry is made up of 21% Mature but the majority are Young businesses (28%) the oldest company is Crieff Hydro Limited founded in 1867.

Accommodation industry has a number of high growth companies (14%), the fastest growing company is Staycity Uk Ltd. with a 3 year growth rate of 266%. Other fast growing companies include Rocco Forte & Family (London) Limited (183%), Meridian Hotel Operations Limited (155%) and London Britannia Hotel Limited (154%).

The UK Accommodation Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 12.90x, Turnover multiple of 2.52x and a Net Asset multiple of 2.07x.