Press release
Non-Residential Accommodation Services Market Size Expected to Reach $ 1363.43 billion by 2022: TBRC
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.
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The non-residential accommodation market expected to reach a value of nearly $1363.43 billion by 2022, significantly growing at a CAGR of 10.2% during the forecast period. The growth in the non-residential accommodation market is due to emerging markets growth, increase in disposable income and increase in popularity of leisure travel.
However, the market for non-residential accommodation is expected to face certain restraints from several factors such as health scares, security concerns and climate change.
Non-Residential Accommodation Services Market Trends - Emergence of wellness vacations, rise in hotel analytics and increased automation in hotels are the major trends witnessed in the global non-residential accommodation market.
Non-Residential Accommodation Services Market Potential Opportunities - With development of medical tourism, growing popularity of social media, economic growth, the scope and potential for the global non-residential accommodation market is expected to significantly rise in the forecast period.
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Table Of Content
Chapter 1. Executive Summary
Chapter 2. Report Structure
Chapter 3. Non-Residential Accommodation Services Market Characteristics
Chapter 4. Non-Residential Accommodation Services Market Product Analysis
Chapter 5. Non-Residential Accommodation Services Market Supply Chain
Chapter 6. Non-Residential Accommodation Services Market Customer Information
Chapter 7. Non-Residential Accommodation Services Market Trends And Strategies
Chapter 8. Non-Residential Accommodation Services Market Size And Growth
Chapter 9. Non-Residential Accommodation Services Market Regional Analysis
Chapter 10. Non-Residential Accommodation Services Market Segmentation
Chapter 11. Non-Residential Accommodation Services Market Segments
Chapter 12. Non-Residential Accommodation Services Market Metrics
Chapter 13. Asia-Pacific Non-Residential Accommodation Services Market
Chapter 14. Western Europe Non-Residential Accommodation Services Market
Chapter 15. Eastern Europe Non-Residential Accommodation Services Market
Chapter 16. North America Non-Residential Accommodation Services Market
Chapter 17. South America Non-Residential Accommodation Services Market
Chapter 18. Middle East Non-Residential Accommodation Services Market
Chapter 19. Africa Non-Residential Accommodation Services Market
Chapter 20. Non-Residential Accommodation Services Market Competitive Landscape
Chapter 21. Key Mergers And Acquisitions In The Non-Residential Accommodation Services Market
Chapter 22. Market Background: Hospitality Market
Chapter 23. Recommendations
Chapter 24. Appendix
Chapter 25. Copyright And Disclaimer
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