Accommodation

Division 55 covers accommodation. Its groups are hotels and similar accommodation (55.1), holiday and other short-stay accommodation (55.2), camping grounds and recreational vehicle parks (55.3), booking intermediation (55.4) and other accommodation (55.9). Compared with food service it is more capital-intensive — buildings tie up investment. It is seasonal and tourism-dependent; a few hotel groups sit alongside many small guesthouses.

1,864 companies in Latvia are classified under NACE code 55.