Classification sub-group 701-03 - Hotels and motels

Industry sector 7 – Service

Rate risk category 75%

Included	Similar but classified elsewhere
Operation of a hotel, motel, inn, bed and breakfast (B & B) or hostel providing overnight accommodations. May also rent space for functions, conventions and meetings. Includes incidental operation of a lounge or restaurant, swimming pool, spa, etc.	Restaurants not operated by a hotel, but located in a hotel, are found under 701-06 – Restaurants and food services. Resorts or lodges offering are found under 701-05 – Resorts and lodges. Facilities that rent space for events (i.e., no overnight accommodation) are found under 701-09 – Property management.