Bed and breakfast industry analysis
Abstract
This thesis explores the inner workings of a consumer-driven niche market that has rapidly developed to the point of maturity. The Bed and Breakfast industry, a micro-industry of the hospitality industry, has become a popular lodging phenomenon and entrepreneurial lifestyle. The purpose of this study is to determine if it is possible to succeed in operating a Bed and Breakfast business. The Bed and Breakfast industry is examined, and research findings are discussed. Financial prosperity is difficult, given the huge fixed costs, small number of rooms and corresponding limits on generation of revenue. Operation size, competition from larger hotels and ambiguity in guest expectations are just a few of the factors that make profitability in the Bed and Breakfast industry very difficult. However, changing guest lifestyles, socioeconomic conditions and increased Internet use provide opportunity for the Bed and Breakfast product. Feasibility of turning profit is explored, and predictions for success in the future of Bed and Breakfast industry are presented.
Notes
This item is only available in print in the UCF Libraries. If this is your thesis or dissertation, you can help us make it available online for use by researchers around the world by STARS for more information.
Thesis Completion
2000
Semester
Fall
Advisor
Upchurch, Randall
Degree
Bachelor of Science (B.S.)
College
College of Business Administration
Degree Program
Hospitality Management
Subjects
Business Administration -- Dissertations, Academic;Dissertations, Academic -- Business Administration;Bed and breakfast accommodations
Format
Identifier
DP0021628
Language
English
Access Status
Open Access
Length of Campus-only Access
None
Document Type
Honors in the Major Thesis
Recommended Citation
Silvasy, Laina M., "Bed and breakfast industry analysis" (2000). HIM 1990-2015. 214.
https://stars.library.ucf.edu/honorstheses1990-2015/214