We have a lot of discussion on here about BTL and its effects on the market, but I thought I would bring up a thread for the small business area of Bed and Breakfasts.
How does B&B make any sense as a business in 2016 given the high cost of property?
My own anecdotal experience is that the number of B&Bs seems to be shrinking and the ones still open tend to be owned by "retired" 80+ years olds who are typically "only letting a couple of rooms" and "planning to pack it in next year"
Room occupancy rates are showing an upward trend since 2012 - which is what you would expect with more people leaving the industry than joining it, so less competition:
https://www.statista.com/statistics/301484/bed-and-breakfast-room-occupancy-rate-in-the-united-kingdom-by-counrty/
https://www.visitbritain.org/accommodation-occupancy-latest-results
That would seem to indicate that competition from AirB&B etc has not been forcing down rates.