Welcome

GOALS Mississippi Tourism Overview Bed & Breakfast Impact on Tourism Diversity of B & B Experience in MS Why stay in a B & B vs. Hotel/Motel Finding the right Bed & Breakfast for you Interested in owning a Bed & Breakfast?

 Lodging – Casinos, Hotels, Motels, Bed & Breakfasts Inns, Cabins, Retreats, R.V. Sites  Dining – Restaurants, Bars, Food & Beverage Service Locations  Attractions - Casinos, Amusement Sites, Museums, Theme Parks  Recreation - Golf Courses, State Parks, Outdoor Adventures  Tourism – State, CVB’s, Tourist Centers, Travel Agents, Tour Bus Operators, Guides

Annually 19 million visitors to Mississippi REVENUE Visitor Expenditures $5.6 billion $1 of every $13 in Taxes for the General Fund or $357 million annually attributed to Tourism JOBS 79,000 Direct Travel & Tourism Jobs Annual Payroll $1.63 billion 13,500 Hotel & Lodging Jobs

$3.4 Billion Industry 20,000 B & B’s in the United States 7.9 Average Number of Rooms per B & B 41% Average Occupancy $ Average Daily Rate

 94% Rooms have Private Baths  36% have achieved Historical Designation  79% Owners live on Premises  Average Size B & B is 5,700 square feet  93% offer FREE high speed internet  29% Rural – 23% Urban – 5% Suburban – 43% Village

164 B & B’s in the State 791 Guests Rooms 44% Occupancy $25 million revenues 1,800 employees Economic Impact of $275 million

Product Diversity  Blues Trail & Music History  Elvis Presley Birthplace  Jackson Museums and Convention Ctr.  Historic Natchez & Pilgrimages  Unique Culinary, Literary and Musical Tradition  Outdoor Adventure  Casinos  Civil Rights & Civil War History  Gulf Coast Beaches Not to mention our Southern Hospitality

Professional Association of Innkeepers International NATIONAL Bed and Breakfast Association of Mississippi STATE AAA, BedandBreakfast.com, Select Registry, Tripadvisor, etc. INDEPENDENT

Bed and Breakfast Inn Owner occupied or managed single family home Usually 8 rooms or less Short term lodging with breakfast only included Bed and Breakfast Inn with Group Events In addition to lodgers, meals may be served to guests of private functions – Weddings, Socials Events, Corporate Meetings etc. Typically not more than 24 rooms Historic Inn, Country Inn, Urban Inn Same as above but may also operate restaurant open to the public Usually has Historic Preservation designation May also offer Day Spas, Gift Shops, Other Income sources

WHEN YOU HAVE AN OPTION, DO YOU STAY AT A HOTEL OR DO YOU EXPERIENCE A BED & BREAKFAST?

 Rewards Points  I know what I’m getting – Cookie Cutter  Efficient – In/Out (Express Check-out)  Amenities – Dining, Bar, Room Service, Health Club, Spa Etc.  Convenient Location  Clean, well maintained

 The EXPERIENCE – every B & B is unique  “Home away from Home” comforts  Privacy and Relaxation  Personality – Innkeepers/Staff, antiques, meeting other guests, etc  History (Story) of the Inn and area  Cleanliness  Amenities

 Too Expensive  Too Many Rules  Hard to Find  No privacy  Business Travelers can’t stay at B & B’s  You’ll have to make small talk with Innkeeper or other guests  I’m taking a chance at a B & B – don’t know what I’ll get

 Business or Lifestyle  Reality vs Romance  Steps to Acquisition, New Build or Conversion  Benefits of Innkeeping

 Aspiring Innkeeper Seminars  -  State Associations  Innkeepers, Consultants

EXPERIENCE MISSISSIPPI BED & BREAKFAST INNS….. …..ONE PORCH AT A TIME