Holiday and other short-stay accommodation
NACE v2.1 Code: I55.20
About holiday and other short-stay accommodation
NACE code 55.20, 'Holiday and other short-stay accommodation', encompasses a vital sector of the tourism industry. This industry provides temporary lodging for travelers, whether for leisure, business, or other purposes. As a key component of the broader hospitality sector, the short-stay accommodation industry plays a crucial role in supporting local and national economies through job creation, tax revenue, and the facilitation of tourism activities.
Production process
The main production techniques in the short-stay accommodation industry involve the management and operation of various types of lodging facilities, such as hotels, motels, resorts, vacation rentals, and other temporary housing options. These establishments typically offer a range of services, including room cleaning, concierge assistance, food and beverage services, and recreational amenities, to cater to the needs and preferences of their guests.
Production inputs
The short-stay accommodation industry requires a diverse set of inputs to function effectively. These include real estate or property for the physical lodging facilities, furniture and equipment for guest rooms and common areas, utilities such as electricity, water, and telecommunications, and a skilled workforce to manage and operate the establishments. Additionally, the industry relies on a steady supply of consumable goods, such as linens, toiletries, and food and beverage items, to provide a comfortable and enjoyable experience for guests.
Production outputs
The primary output of the short-stay accommodation industry is the provision of temporary lodging and related services to travelers. The guests who utilize these accommodations may come from a variety of 55.10 Hotels and similar accommodation or 55.30 Camping grounds, recreational vehicle parks and trailer parks, as well as other sectors that require short-term housing, such as 82.30 Organization of conventions and trade shows and 77.11 Renting and leasing of cars and light motor vehicles.
Revisions to 55.20
Classification codes are adjusted frequently. The code may have been revised or replaced between system versions. The table below shows the history (newest to oldest) of the code 55.20. The most recent 1 version of this code (55.20) is in the NACE v2.1 system (this version):
This page shows the most recent version of code 55.20.
Older versions
Family tree for holiday and other short-stay accommodation
graph LR A["<a href='/classifications/nace/v2-1/I'>I: ACCOMMODATION AND FOOD SERVICE ACTIVITIES</a>"] A --> B["<a href='/classifications/nace/v2-1/I/55'>55: Accommodation</a>"] B --> C["<a href='/classifications/nace/v2-1/I/55/2'>55.2: Holiday and other short-stay accommodation</a>"] C --> D["<a href='/classifications/nace/v2-1/I/55/20'>55.20: Holiday and other short-stay accommodation</a>"] %% Color coordination by level classDef level1 color:#000,fill:#a8f9ff,stroke:#333,stroke-width:2px classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px %% Apply classes class A level1 class B level2 class C level3 class D level4 class D highlight %% class A level1 %% class B,C level2 %% class D,E,F,G,H,I level2 %% class J,K,L,M,N,O,P level3 %% class D highlight