NAICS 721191Canadian industry · 6-digitlocal market

Bed and breakfast

This Canadian industry comprises establishments primarily engaged in providing short-term lodging in facilities known as bed and breakfast homes. Bed and breakfast homes are characterized by a highly personalized service, and usually the inclusion, in the room rate. — Statistics Canada, NAICS 2022A

Establishments · CanadaA
404
with employees
Under 10 employeesA
89%
most common size: 1–4
01

Size and shape

How many businesses there are and how small they are. Fragmentation is the first thing an entrant — or anyone selling software into this industry — needs to know, and it is one of the few things that is actually measured.

Canadian establishments by number of employeesA

1–430475%
5–95614%
10–19307%
20–49143%
50–990—
100–1990—
200–4990—
500+0—

Of 404 Canadian establishments with employees, 89% have fewer than ten — an industry of very small operators.

Where they areA

Quebec9524%
British Columbia8621%
Ontario6516%
Newfoundland and Labrador5313%

Largest four provinces by establishment count. Establishments with employees only — sole operators with no payroll are not in this table, so in trades and personal services the true number of businesses is higher.

How many new establishments are still tradingA
Accommodation and Food Services, US · opened 2020
85.5%
1 year
72.1%
3 years
59.3%
5 years
41.6%
10 years
opened 2015

Measured, not forecast: the share of US establishments opening in one year that were still active later. It counts good operators and bad ones together, which is exactly why it is the honest answer to “what are the odds”. It is for the whole sector rather than this market, and the ten-year figure comes from an older cohort because no younger one has reached ten years.

No US figure is shown. County Business Patterns is coded to the 2017 US edition of NAICS; this code either does not exist there, names a different industry, or is outside the programme's coverage (most of agriculture, rail, postal and public administration are). A figure is attached only where both the code and the title agree.

02

How businesses here compete

The structural profile of subsector 721, which every industry beneath it inherits. This is analyst judgment from how the subsector is organised — not research into this industry, and not a measurement.

local competitionhigh capitalUNVERIFIEDinherited from 721 Accommodation services

A real-estate asset with an operating business inside it. Independents pay for distribution through online agencies; campgrounds and RV parks are the lower-capital, land-rich variant.

Who sets the price
Nightly rates set against local competition and online travel agencies' commission.
The software it runs on
Property management, channel management and revenue management.
03

Market screens and studies

Market-entry records filed along this branch of the hierarchy. A record at or beneath this code is about this industry; one above it is about something wider that contains it.

Screened one level up. Nothing is filed at this exact code; the screen for 72119 Other traveller accommodation covers it.

Vertical softwareScreenedfiled at 721198
Short-Term Rental Management SoftwareOne thing must be true
binding constraint: growth quality
Incumbent Guesty

The software's addressable base is the property-manager tier the industry record at this code shows to be under structural pressure — Vacasa sold for about $130M, and the small managers beneath it are squeezed between Airbnb's direct tooling, which is free, and municipal restrictions that remove listings from the market entirely. Channel management is the actual product, and the channels themselves keep absorbing it. Nothing is disclosed here. Every vendor named is private, so no revenue floor can be built.

NAICS 7211984 vendors named3 sourced figuresOpen →
Operating businessScreenedfiled at 721198
Vacation Rental ManagementOne thing must be true
binding constraint: growth quality

The category's public experiment ended badly enough to settle the question. Vacasa listed via SPAC at a multi-billion valuation and was sold to Casago for about $130M at $5.30 a share, completing 30 April 2025 — the combined company manages more than 40,000 properties. That is what full-service vacation rental management is worth at scale: the operating cost of cleaning, maintenance and guest service scales linearly with units while the platform take rate does not, and Airbnb and Vrbo own the demand. Municipal short-term-rental restrictions add a regulatory ceiling that varies street by street.

NAICS 7211983 vendors named7 sourced figuresOpen →

Filed above — wider than this industry

04

Software serving this industry

The vertical software markets filed along the same branch — who sells to these businesses and who they would have to displace — and then the generic categories every business buys whatever it does.

Sold across the wider branch

05

Who works here

The occupations employed in Accommodation and food services, most concentrated in it first. The share is measured against the whole sector, not this industry — the published cross-tabulation stops there.

Concentrated in this sectorA

These jobs are mostly done here. An operator in this industry is competing for them against others in the same industry, not against the whole economy.

And the jobs every business has

Found across at least fourteen of the twenty sectors. But note the shape of this industry: 89% of establishments have fewer than ten employees, and at that size most of these roles are one person wearing several hats, or bought in from outside.

All 162 occupations →

06

Alongside this industry

This is the most specific level NAICS defines. The other industries under 72119 are its nearest neighbours.