Non-Residential Accommodation Services Market Size And Growth Analysis And Forecast To 2030

The Business Research Company offers " Non-Residential Accommodation Services Global Market Report 2020-30: Covid 19 Impact and Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global non-residential accommodation services market is expected to decline from $1017.2 billion in 2019 to $1013.5 billion in 2020 at a compound annual growth rate (CAGR) of -0.4%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 10% from 2021 and reach $1302.9 billion in 2023.

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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.

To match customer expectations, in terms of services and the speed at which these services are provided, hotels are implementing a wide range of technologies to measure and meet their clients' expectations. They are implementing advanced analytics solutions to analyze large amounts of data to increase profitability and enhance customers' experiences. One key application is to predict occupancy rates more accurately in order to implement surge pricing with the aim of increasing spends and occupancy rates.

Non-Residential Accommodation Services Market Segmentation: -
By Type
1. Hotel And Other Travel Accommodation
2. Camping And Caravanning
3. Students And Workers Non-residential Accommodation

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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Non-Residential Accommodation Services Market Characteristics
4. Non-Residential Accommodation Services Market Product Analysis
5. Non-Residential Accommodation Services Market Supply Chain
......
20. Non-Residential Accommodation Services Market Competitive Landscape
21. Key Mergers And Acquisitions In The Non-Residential Accommodation Services Market
22. Market Background: Hospitality Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer

The report covers the trends and market dynamics of the non-residential accommodation services market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the non-residential accommodation services market are Marriott International; Hilton Worldwide; Wyndham Corporation; Hyatt Hotels Corporation; Four Seasons Hotels & Resorts

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