Ohio's hotels, bed & breakfasts, state park lodges, inns and cabins generate significant direct visitor spending in Ohio, as well as jobs. For the latest economic impact study for Ohio's tourism industry, refer to "The Economic Impact of Tourism in Ohio" prepared by Tourism Economics for the Ohio Tourism Division.
According to Smith Travel Research (STR), Average Daily Hotel Rates are expected to grow nationally by 1.0 percent in 2009 and 2.1 percent in 2010. Their overall prediction for the lodging Industry is that the economic outlook for U.S. lodging will begin improving by early third quarter 2009. Interestingly, they predict the leisure sector of the marketplace will lead the recovery. The STR data confirmed the ODOD Tourism Division's statements that Ohio’s leisure travel market is performing better than many other markets nationally.
Ohio tourism has continued to grow throughout the years because of many businesses and organizations working together to attract visitors and provide exceptional experiences for day trip and overnight travelers. The sections on the "Industry Resources" portion of the Ohio Tourism Toolbox provide resources for many different professionals that come together to make Ohio tourism one of the largest industries in the state. While each section focuses on a specific group of professionals, much can be learned from seeing the industry from various points of view.
Bed and Breakfast Inns
The following are fact sheets and guides for starting a bed and breakfast inn in other states. Please remember that Ohio's laws may be different. These resources, however, provide a good starting point for knowing what to consider when starting this type of business.
Starting a Bed and Breakfast in Iowa -- Laws That Apply - Iowa State University
Additional Lodging Resources
Boutique Lodging International
Dude Ranchers Association
Hosteling International - American Youth Hostels
University of Wisconsin- Extension Center for Community Economic Development and the Small Business Development Center (market analysis, financial ratios, and more)