Report: Many accommodation businesses cite staffing risk

APPROXIMATELY 48 PERCENT of businesses in the accommodation industry consider \"staffing issues\" the biggest risk to their operations over the next 12 months, according to a new report by Expert Market. Rising labor costs were identified as the second-largest risk by 34 percent, followed by \"rising maintenance costs\" at 27 percent. The Expert Market Accommodation Industry Report surveyed more than 400 U.S. accommodation businesses on upcoming challenges and strategies to address them amid the industry\'s highest quit rates since 2022. “The accommodation industry has faced a number of challenges since the pandemic, but none greater than those around staffing,” said Chris Maillard, Expert Market\'s editor. “At a time when quitting rates remain higher than other industries, the report recommends that accommodation businesses prioritize their staff, from recruitment through to promotion.”