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Bed & Breakfast & Hostel Accommodations in New Mexico

Author.Name IBISWorld United States Last Updated: April 2025 NAICS NM72119

Bed & Breakfast & Hostel Accommodations in New Mexico industry analysis

The Bed & Breakfast & Hostel Accommodations industry in New Mexico is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments decreased an annualized -x.x% to xx locations. Industry employment has increased an annualized x.x% to xxx workers, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to decline -x.x% to xx locations. Industry employment is expected to increase an annualized x.x% to xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Bed & Breakfast & Hostel Accommodations in New Mexico Market Research Report

What’s Included in the Bed & Breakfast & Hostel Accommodations in New Mexico Market Research Report

Definition of the Bed & Breakfast & Hostel Accommodations in New Mexico?

The Bed and Breakfast and Hostel Accommodations industry comprises businesses that are primarily engaged in providing short-term lodging. Hotels, motels and casino hotels are excluded from this industry.

What’s included in the Bed & Breakfast & Hostel Accommodations in New Mexico?

The Bed & Breakfast & Hostel Accommodations in New Mexico includes operating bed and breakfast inns, cabins, housekeeping, cottages, housekeeping, operating guest houses, operating hostels, operating tourist homes and operating youth hostels. Related terms covered in the Bed & Breakfast & Hostel Accommodations in New Mexico industry report includes an establishment offering bed and breakfast services, usually on a small scale and within a unique environment, an establishment, including backpacker and youth hostels, with dorms and some single rooms and a low-cost accommodation with shared facilities for guests.

Industry Performance of the Bed & Breakfast & Hostel Accommodations industry in New Mexico

Benchmark the Bed & Breakfast & Hostel Accommodations in New Mexico industry performance with all NM county and national performance.

Bed & Breakfast & Hostel Accommodations in New Mexico

#35 in Highest Revenue 0.9% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Bed & Breakfast & Hostel Accommodations in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Bed & Breakfast & Hostel Accommodations industry in New Mexico

See how key industry drivers, such as unemployment rate, median houshold income, per capita disposable income, consumer spending, domestic trips by us residents and consumer confidence index are impacting Bed & Breakfast & Hostel Accommodations in New Mexico

New Mexico Economic Indicators

Unemployment Rate
Median Houshold Income
Per Capita Disposable Income

View more economic information in NM State Economic profile

US Key External Drivers

Consumer spending
Domestic trips by US residents
Consumer confidence index

For the full list of industry drivers, see report purchase options.

County Data of the Bed & Breakfast & Hostel Accommodations industry in New Mexico

Access proprietary data on county in the Bed & Breakfast & Hostel Accommodations in New Mexico, such as Santa Fe County, Taos County and Mckinley County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Bed & Breakfast & Hostel Accommodations industry in New Mexico

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Bed & Breakfast & Hostel Accommodations industry in New Mexico in 2025?

The market size of the Bed & Breakfast & Hostel Accommodations industry in New Mexico is $29.3m in 2025.

How many businesses are there in the Bed & Breakfast & Hostel Accommodations industry in New Mexico in 2025?

There are 57 businesses in the Bed & Breakfast & Hostel Accommodations industry in New Mexico, which has been declining at an average annual rate of -2.6% from 2020 to 2025.

Has the Bed & Breakfast & Hostel Accommodations industry in New Mexico grown or declined over the past 5 years?

The market size of the Bed & Breakfast & Hostel Accommodations industry in New Mexico has been growing at an average annual rate of 10.7% from 2020 to 2025.

How many employees in the Bed & Breakfast & Hostel Accommodations industry in New Mexico in 2025?

There are 251 employees in the Bed & Breakfast & Hostel Accommodations industry in New Mexico, which has been growing at an average annual rate of 1.8% from 2020 to 2025.