Data on the share of small and medium enterprises (SME) in the hospitality sector in the United Kingdom (UK) that made a profit between 2014 and 2020 shows that in 2016, 79 percent of hospitality SMEs based in the UK made a profit, the most of any year.
Profitability of small and medium enterprises (SME) in the hospitality sector in the United Kingdom (UK) from 2014 to 2020
In order to qualify for interview, SMEs had to meet the following criteria in addition to the quotas by size, sector and region: Not 50%+ owned by another company Not run as a social enterprise or as a not for profit organisation
Turnover of less than £25m
Previous annual sample sizes:
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BDRC Continental. (September 19, 2020). Profitability of small and medium enterprises (SME) in the hospitality sector in the United Kingdom (UK) from 2014 to 2020 [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/291382/small-and-medium-enterprises-sme-hospitality-profitability-uk/
BDRC Continental. "Profitability of small and medium enterprises (SME) in the hospitality sector in the United Kingdom (UK) from 2014 to 2020." Chart. September 19, 2020. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/291382/small-and-medium-enterprises-sme-hospitality-profitability-uk/
BDRC Continental. (2020). Profitability of small and medium enterprises (SME) in the hospitality sector in the United Kingdom (UK) from 2014 to 2020. Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/291382/small-and-medium-enterprises-sme-hospitality-profitability-uk/
BDRC Continental. "Profitability of Small and Medium Enterprises (Sme) in The Hospitality Sector in The United Kingdom (Uk) from 2014 to 2020." Statista, Statista Inc., 19 Sep 2020, https://www.statista.com/statistics/291382/small-and-medium-enterprises-sme-hospitality-profitability-uk/
BDRC Continental, Profitability of small and medium enterprises (SME) in the hospitality sector in the United Kingdom (UK) from 2014 to 2020 Statista, https://www.statista.com/statistics/291382/small-and-medium-enterprises-sme-hospitality-profitability-uk/ (last visited December 03, 2024)
Profitability of small and medium enterprises (SME) in the hospitality sector in the United Kingdom (UK) from 2014 to 2020 [Graph], BDRC Continental, September 19, 2020. [Online]. Available: https://www.statista.com/statistics/291382/small-and-medium-enterprises-sme-hospitality-profitability-uk/