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NAICS 721110, industry

NAICS 721110: Hotels (except casino hotels) and motels

NAICS 721110 is the industry code for hotels (except casino hotels) and motels. Use it on loan applications, tax forms and registrations. Explore financing for hospitality and start your application when you are ready.

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What 721110 covers

Hotels and motels provide short term lodging to travelers, with or without restaurants, meeting rooms and recreational amenities. Casino hotels and bed and breakfasts have their own codes.

Included in this code

  • Hotels
  • Motels
  • Extended stay hotels
  • Resort hotels
  • Boutique hotels
  • Franchise hotels

Not this code

Businesses that use 721110

Franchise limited service hotelIndependent motelBoutique hotelExtended stay hotel

Financing for this trade

Hotel owners finance acquisitions and construction with SBA 504 and 7(a) loans, conventional hotel loans, CMBS and bridge loans, and use FF&E financing and PIP renovation loans. Lenders look at RevPAR, occupancy, ADR, franchise flag, PIP requirements and the operator's experience.

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Is 721110 the right code for a hotel or motel?

Yes. 721110 covers hotels and motels of every type, including franchise and independent hotels, extended stay properties and resort hotels. Casino hotels use 721120. Small bed and breakfasts use 721191. Vacation rentals and cabins use 721199. Motels and boutique inns of any size fit.

What is the SBA size standard for 721110?

SBA sets the size standard for 721110 at $40 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Hotels and motels at or under that figure qualify as small businesses for SBA 7(a) and 504 loans and for federal small business set asides. Most independent hotels and motels fall well inside the limit, so size is rarely what decides an SBA application.

How are hotels and motels financed?

Common products are SBA 504 and 7(a) loans for acquisitions and construction, conventional bank and CMBS loans for larger properties, and bridge loans during renovations. Franchise PIP upgrades and FF&E often get separate financing. Lenders look at RevPAR, occupancy, the flag and operator experience.

What does NAICS 721110 cover?

Hotels (except casino hotels) and motels. Industry level code in NAICS 2022, under 72 Accommodation and food services, 721 Accommodation, 7211 Traveler accommodation, 72111 Hotels (except casino hotels) and motels.

What financing do NAICS 721110 businesses use?

Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for hospitality businesses. Start an application and the AI matches the deal to lenders that fund this code.

Where do I put NAICS 721110?

On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.