NAICS 72

Accommodation and Food Services in Savannah, GA

Metro Market Score 76.1 (Difficult), ranked #282 of 298 metros. 1,422 establishments, 24,200 jobs.

Metro Market Assessment

Metro Market Score 76.1
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Difficult

Lower is better. Relative to national accommodation and food services average.

Rising Wages

Wage costs in Savannah's accommodation and food services sector are well above the metro average, with wage competitiveness at 71.8 and rising pressure at 71.7. New entrants should factor higher labor costs into their financial projections for this market.

Industry Concentration
88.3
LQ: 1.36
Rank #263 of 298 metros
Wage Competitiveness
71.8
$28,335 avg wage
Growth Trend
27.5
Employment growth index
Rank #217 of 298 metros
Wage Pressure
71.7
YoY wage change index

1,422 Accommodation and Food Services Firms in Savannah

1,422
Establishments
+3.8% YoY
24,200
Total Employment
-1.1% YoY
$28,335
Average Annual Wage
+3.6% YoY
1.36
Location Quotient
Above national avg
Within Georgia
#7 of 7
accommodation and food services metros in state
Georgia state rank
#35 of 51
for accommodation and food services entry risk
vs State Median
+25.3
worse than median (50.8)

Savannah vs Georgia Statewide

How this metro's accommodation and food services market compares to Georgia overall. The state ranks #35/51 for entry risk.

Measure Savannah GA Statewide
Overall Score 76.1 Difficult 43.6 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #282 of 298 metros #35 of 51 states

Metro and state scores use different methodologies (metro has 4 QCEW-based metrics; state adds BDS survival and momentum data). Direct score comparisons are approximate.

Other Industries in Savannah

Accommodation and Food Services in Other Georgia Metros

Accommodation and Food Services Metros With Similar Conditions

Metros within 5 points of Savannah's 76.1 score. Useful when comparing markets with comparable entry profiles.

Accommodation and Food Services in States Bordering Georgia

State-level entry risk for accommodation and food services in adjacent states. Use this to weigh cross-border options.

Browse Accommodation and Food Services in Other States

State-level entry risk reports for accommodation and food services across all 51 markets, sorted by rank.

About Metro Market Score: A weighted composite of industry concentration (25%), wage competitiveness (25%), wage pressure (20%), and employment growth trend (30%). Lower scores indicate more favorable conditions. For Savannah's accommodation and food services sector, the industry concentration component (88.3) has the strongest pull on the composite. Metro scores use QCEW data only (no BDS survival data at metro level). Read full methodology →

Data Sources

Data period: 2024. Last updated: April 2026.