DUBLIN, January 31, 2022–(BUSINESS WIRE)–The “Global Non-Residential Accommodation Services Market Report 2022” report has been added to from ResearchAndMarkets.com offer.
The global non-residential accommodation services market is expected to grow from $719.93 billion in 2021 to $869.81 billion in 2022 at a compound annual growth rate (CAGR) of 20.8%. The market is expected to reach $1,479.75 billion in 2026 with a CAGR of 14.2%.
Major companies in the non-residential accommodation services market include Marriott International, MGM Resorts International, Rewe Group, Ctrip.Com International Ltd, Intercontinental, Hilton Worldwide Holdings, Accor Hotels and TUI Group and Shanghai Jin Jiang International Hotels (Group) Company Limited.
The non-residential accommodation services market includes sales of non-residential accommodation services and related goods by entities (organizations, sole proprietorships, or partnerships) that provide lodging or short-term accommodation to travellers, vacationers and others.
There is a wide range of services provided in this market. Some establishments offer accommodation only, while others offer meals, laundry services and recreational facilities, as well as accommodation. Accommodation establishments are classified in this subsector even if the provision of complementary services generates more income. The types of complementary services offered vary from one establishment to another.
Asia-Pacific was the largest region in the non-residential accommodation services market in 2021. North America was the second largest region in the non-residential accommodation services market. Regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The increasing use of social media and access to mass media is having a positive impact on the tourism and non-residential accommodation industries. With tourists sharing their travel information, photos and videos on social media platforms, people are becoming more aware of the tourist destinations and recreational experiences offered by different countries around the world.
Also, the media plays an important role in helping countries promote tourism by educating people about their culture. This growing awareness results in a large number of people traveling overseas and is expected to drive the growth of the non-residential accommodation industry over the forecast period.
Hotels are using technology to improve the guest experience and reduce operational costs. The most important trends include the use of near field communication (NFC) technology, infrared technologies and robots. NFC gives users the ability to exchange data between devices, making mobile payments an instant and secure process.
Infrared sensors are used in hotels to respond to guest complaints about housekeeping interruptions. Hotels are also using robots to deliver amenities to rooms and for other functional purposes. Hotel operators are investing in systems and technologies that can automate processes and personalize the guest experience.
Main topics covered:
1. Summary
2. Structure of the report
3. Characteristics of the non-residential accommodation services market
3.1. Market definition
3.2. Key segments
4. Non-Residential Hosting Services Market Product Analysis
4.1. Featured products/services
4.2. Key Features and Differentiators
4.3. Development products
5. Non-Residential Accommodation Services Market Supply Chain
5.1. Supply chain
5.2. Distribution
5.3. End customers
6. Non-Residential Hosting Services Market Customer Information
6.1. Customer preferences
6.2. End-use market size and growth
7. Non-Residential Hosting Services Market Trends and Strategies
8. Impact of COVID-19 on non-residential accommodation services
9. Non-Residential Hosting Services Market Size and Growth
9.1. Market size
9.2. Historical Market Growth, Value (Billions of dollars)
9.2.1. Market Drivers
9.2.2. Market Constraints
9.3. Market growth forecast, value (in billions of dollars)
9.3.1. Market Drivers
9.3.2. Market Constraints
10. Non-Residential Hosting Services Market Regional Analysis
10.1. Global Non-Residential Accommodation Services Market, 2021, by Region, Value (USD Billion)
10.2. Global Non-Residential Accommodation Services Market, 2016-2021, 2021-2026F, 2031F, Historical & Forecast, By Region
10.3. Global Non-Residential Hosting Services Market Growth and Market Share Comparison, By Region
11. Non-Residential Hosting Services Market Segmentation
11.1. Global Non-Residential Hosting Services Market, Segmentation by Type, History & Forecast, 2016-2021, 2021-2026F, 2031F, USD Billion
11.2. Global Non-Residential Hosting Services Market, Price Segmentation, Historical & Forecast, 2016-2021, 2021-2026F, 2031F, Billion USD
11.3. Global Non-Residential Hosting Services Market, Segmentation by Channel, Historical & Forecast, 2016-2021, 2021-2026F, 2031F, Billion USD
11.4. Global Non-Residential Accommodation Services Market, Segmentation by Booking Method, History & Forecast, 2016-2021, 2021-2026F, 2031F, Billion USD
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Online reservations
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Direct bookings
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Others
12. Non-Residential Accommodation Services Market Segments
12.1. Global Hotel and Other Travel Accommodation Market, Segmentation by Type, 2016-2021, 2021-2026F, 2031F, Value (USD Billion) – Hotel & Motel; casino hotels; Accommodation in bed and breakfast; All other traveler accommodation
12.2. Global Camping and Caravanning Market, Segmentation by Type, 2016-2021, 2021-2026F, 2031F, Value (USD Billion) – Recreational vehicle parks and campgrounds; Leisure and holiday camps
12.3. Global Student and Worker Non-Residential Accommodation Market, Segmentation by Type, 2016-2021, 2021-2026F, 2031F, Value (USD Billion) – Dormitories, Off-Campus Facilities; Migrant worker camps
13. Non-Residential Accommodation Services Market Metrics
13.1. Non-residential accommodation services market size, percentage of GDP, 2016-2026, global
13.2. Average per capita spending in the non-residential accommodation services market, 2016-2026, world
Companies cited
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Marriott International
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MGM Resorts International
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Rewe Group
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Ctrip.Com International Ltd
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Intercontinental
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Hilton Worldwide Holdings
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Accor Hotels
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TUI group
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Shanghai Jin Jiang International Hotels (Group) Company Limited
For more information on this report, visit https://www.researchandmarkets.com/r/tamusr.
See the source version on businesswire.com: https://www.businesswire.com/news/home/20220131005797/en/
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