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Global Non-Residential Accommodation Services Market Report 2022: Focus on Hotel and Other Travel Accommodation, Camping and Caravanning, & Students and Workers Non-Residential Accommodation - ResearchAndMarkets.com

·5 min read

DUBLIN, January 31, 2022--(BUSINESS WIRE)--The "Non-Residential Accommodation Services Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

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 at 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 consists of sales of non-residential accommodation services and related goods by entities (organizations, sole traders or partnerships) that provide lodging or short-term accommodation for travelers, vacationers, and others.

There is a wide range of services provided in this market. Some establishments provide lodging only, while others provide meals, laundry services, and recreational facilities, as well as lodging. Lodging establishments are classified in this subsector even if the provision of complementary services generates more revenue. The types of complementary services provided vary from establishment to establishment.

Asia Pacific was the largest region in the non-residential accommodation services market 2021. North America was the second largest region in the non-residential accommodation services market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Increasing use of social media and access to mass media is positively impacting the tourism and non-residential accommodation industries. With tourists sharing their travel information, photographs and videos on social media platforms, people are increasingly becoming aware of the tourist destinations and recreational experiences offered by different countries around the world.

Also, the mass media is playing an important role in helping countries promote tourism by educating people about their culture. This rising awareness is resulting in large number of people traveling abroad and is expected to drive growth in the non-residential accommodation industry during the forecast period.

Hotels are using technologies to improve customer experience and reduce operational costs. The most significant 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, secure process.

Infrared sensors are used in hotels to address customer complaints involving housekeeping interruptions. Hotels are also using robots to deliver amenities to guest rooms and for other functional purposes. Hotel operators are investing in systems and technologies that can automate processes and can personalize the experience for guests.

Key Topics Covered:

1. Executive Summary

2. Report Structure

3. Non-Residential Accommodation Services Market Characteristics

3.1. Market Definition

3.2. Key Segmentations

4. Non-Residential Accommodation Services Market Product Analysis

4.1. Leading 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 Accommodation Services Market Customer Information

6.1. Customer Preferences

6.2. End Use Market Size and Growth

7. Non-Residential Accommodation Services Market Trends And Strategies

8. Impact Of COVID-19 On Non-Residential Accommodation Services

9. Non-Residential Accommodation Services Market Size And Growth

9.1. Market Size

9.2. Historic Market Growth, Value ($ Billion)

9.2.1. Drivers Of The Market

9.2.2. Restraints On The Market

9.3. Forecast Market Growth, Value ($ Billion)

9.3.1. Drivers Of The Market

9.3.2. Restraints On The Market

10. Non-Residential Accommodation Services Market Regional Analysis

10.1. Global Non-Residential Accommodation Services Market, 2021, By Region, Value ($ Billion)

10.2. Global Non-Residential Accommodation Services Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Region

10.3. Global Non-Residential Accommodation Services Market, Growth And Market Share Comparison, By Region

11. Non-Residential Accommodation Services Market Segmentation

11.1. Global Non-Residential Accommodation Services Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • Hotel And Other Travel Accommodation

  • Camping And Caravanning

  • Students And Workers Non-residential Accommodation

11.2. Global Non-Residential Accommodation Services Market, Segmentation By Price Point, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • Economy

  • Mid-Range

  • Luxury

11.3. Global Non-Residential Accommodation Services Market, Segmentation By Channel, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • Direct Sales

  • Distributor

11.4. Global Non-Residential Accommodation Services Market, Segmentation By Mode of Booking, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • Online Bookings

  • Direct Bookings

  • 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 ($ Billion) - Hotel And Motel; Casino Hotels; Bed And Breakfast Accommodation; All Other Traveler Accommodation

12.2. Global Camping And Caravanning Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion) - RV (Recreational Vehicle) Parks And Campgrounds; Recreational And Vacation Camps

12.3. Global Students And Workers Non-Residential Accommodation Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion) - Dormitories, Off Campus Establishments; Migrant Workers' Camps

13. Non-Residential Accommodation Services Market Metrics

13.1. Non-Residential Accommodation Services Market Size, Percentage Of GDP, 2016-2026, Global

13.2. Per Capita Average Non-Residential Accommodation Services Market Expenditure, 2016-2026, Global

Companies Mentioned

  • Marriott International

  • MGM Resorts International

  • Rewe Group

  • Ctrip.Com International Ltd

  • Intercontinental

  • Hilton Worldwide Holdings

  • Accor Hotels

  • TUI Group

  • Shanghai Jin Jiang International Hotels (Group) Company Limited

For more information about this report visit https://www.researchandmarkets.com/r/tamusr.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220131005797/en/

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