Business Opportunities Weblog

August 9, 2005 by Dane Carlson | 0 Comments

Business Week:

Owning a bed-and-breakfast used to be the domain of retirees looking for something to occupy them during their golden years. And for these corporate refugees in search of a slower pace in a beautiful location, innkeeping was as much a lifestyle choice as a real occupation.

Today, however, a new breed of innkeepers is surfacing. Indeed, 50% of all bed-and-breakfasts are now the primary source of income for their proprietors, according to the Professional Association of Innkeepers International (PAII) — and that number is rising. While there are still semiretirees who own a bed-and-breakfast as a way of winding down, you’re just as likely to see an ambitious young couple, often still in their 20s, greeting you at the door of their very own inn. And for this new generation, bed-and-breakfasts are serious business.

In Ideas | 0 Comments