Hotel Industry Information
Other short-term lodging facilities in this industry include guesthouses, or small
cottages located on the same property as a main residence, and youth hostels—dormitory-style
hotels with few frills, occupied mainly by students traveling on low budgets.
Also included are rooming and boarding houses, such as fraternity houses, sorority
houses, off-campus dormitories, and workers’ camps. These establishments
provide temporary or longer term accommodations that may serve as a principal
residence for the period of occupancy. These establishments also may provide services
such as housekeeping, meals, and laundry services.
Lodging Tips & Questions
Wage and salary employment in hotels and other accommodations is expected to increase
by 17 percent over the 2002-12 period, compared with 16 percent growth projected
for all industries combined. Recently, business and leisure travelers have cut
back on travel due to the weak economy and security concerns. However, over the
long-run, travel should pick up as the economy improves and people feel more comfortable
about traveling again. In addition, as more States legalize some form of gambling,
the hotel industry will increasingly invest in gaming, further fueling job growth.