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Hotels and food service succession in West Midlands
23.2% of 11,407 trading hotels and food service companies in West Midlands have a director aged 60 or over, against 25.7% for the sector across the UK.
11,407trading companies measured
23.2%have a director aged 60 or over
7.3%have a director aged 70 or over
61.5%are owner-run (one person or family holds 50%+)
66.9%have a single director
Other sectors in West Midlands
| Sector | Companies | Director 60+ | Director 70+ | Owner-run | Single director | Median age (yrs) |
|---|---|---|---|---|---|---|
| Property | 31,581 | 31.7% | 12.6% | 44.6% | 47.9% | 6 |
| Professional services | 30,470 | 34.2% | 10.2% | 63.6% | 63.5% | 9 |
| Construction | 27,279 | 28.5% | 8.1% | 60.0% | 62.7% | 8 |
| Wholesale | 15,691 | 30.6% | 10.8% | 61.9% | 63.3% | 8 |
| Health and care | 13,820 | 22.9% | 7.1% | 59.0% | 61.6% | 7 |
| Retail | 13,256 | 24.6% | 7.6% | 63.7% | 66.5% | 7 |
| Software and IT | 12,164 | 23.3% | 6.0% | 63.8% | 64.4% | 9 |
| Financial services | 9,446 | 37.1% | 12.1% | 49.7% | 47.4% | 6 |
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