Non-Residential Accommodation Services Market Size, Strong Revenue, And Competitive Outlook 2021, Global Industry Growth, Share And Forecast To 2025

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The global non-residential accommodation services market is expected to grow from $722.72 billion in 2020 to $857.61 billion in 2021 at a compound annual growth rate (CAGR) of 18.7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1125.06 billion in 2025 at a CAGR of 7%.

The Business Research Company offers “Non-Residential Accommodation Services Global Market Report 2021 “ 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.

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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. 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. The non-residential accommodation services market is segmented into hotel and other travel accommodation; camping and caravanning and students and workers non-residential accommodation.

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

The countries covered in the global non-residential accommodation services market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global non-residential accommodation services market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Non-Residential Accommodation Services Market Segmentation:
1) By Type: Hotel And Other Travel Accommodation, Camping And Caravanning, Students And Workers Non-residential Accommodation
2) By Price Point: Economy, Mid-Range, Luxury
3) By Channel: Direct Sales, Distributor
4) By Mode of Booking: Online Bookings, Direct Bookings, Others

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A Few Points From The Table Of Contents
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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