Asia-Pacific Capsule Hotel Market Insights: 2023, Progressive Trends, Growth Opportunities and Revenue Forecast to 2031

Capsule hotel is a small box type hotel, which was first introduced in Japan in 1979. Capsule hotels are designed to provide affordable and inexpensive accommodation to customers who are expected to avail basic overnight accommodation and do not require high value-added services provided by other conventional hotels. The rooms are includes a television, electric components, Wi-Fi connectivity, and are available in varied sizes. The size varies from 50 to 700 capsules in a hotel.

Increase in demand for hotels available at an economic price is anticipated to expand the growth of capsule hotel market during the forecast period. The price of capsule hotel rooms varies from US$ 18 to US$ 40 per night. In addition, increase in travel & tourism in the region is anticipated to create more demand for capsule hotels in the Asia-Pacific region. It is reported that that majority of travelers focus on spending the night at hotels with simple accommodation, which is expected to boost the growth of capsule hotels globally.

📚 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗦𝗮𝗺𝗽𝗹𝗲 𝐏𝐃𝐅 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/request-toc-and-sample/2002

The Asia-Pacific capsule hotel market is segmented on the basis of shape into vertical and horizontal. On the basis of bed, it is classified into single and double. Geographically, the market is categorized across Japan, Singapore, Australia, and rest of Asia-Pacific region.

Capsule hotels are characterized by their modular sleeping units, or capsules, stacked side by side and on top of each other. These capsules are equipped with basic amenities such as a bed, a small workspace, and sometimes a personal television. The compact design allows for optimal space utilization, enabling capsule hotels to offer affordable accommodation in prime urban locations.

Key Features of Asia-Pacific Capsule Hotels:

• Affordability: Capsule hotels have become synonymous with budget-friendly accommodation. With the rising cost of living and travel expenses, these establishments provide an attractive alternative for cost-conscious travelers seeking a comfortable yet economical place to stay.

• Urban Convenience: Situated in bustling city centers and near transportation hubs, capsule hotels cater to the needs of urban explorers and business travelers. The strategic locations make them an ideal choice for those who prioritize accessibility and convenience.

• Efficient Design: The minimalist design of capsule hotels ensures efficient use of space. The compact sleeping pods are stacked like beehives, allowing hotels to maximize their capacity without compromising on comfort. This design philosophy aligns with the growing trend of micro-living and sustainable architecture.

• Futuristic Experience: Capsule hotels offer a novel and futuristic experience to guests. The high-tech ambiance, with automated check-in processes and state-of-the-art amenities, appeals to tech-savvy travelers seeking a unique and memorable stay.

• Community Spaces: Recognizing the need for social interaction among guests, many capsule hotels incorporate communal areas such as lounges, co-working spaces, and shared kitchens. These spaces foster a sense of community among travelers, creating a dynamic and engaging environment.

Key players identified across the value chain of this report include Super Hotel, Tokyo Ginza Bay Hotel, Capsule Inn Kamata, Vintage Inn, Wink Hotel, Shinjuku Kuyakusho-mae Capsule Hotel, and others.

Key Benefits
• The study provides an in-depth analysis of the capsule hotel market with current and future trends to elucidate the imminent investment pockets.
• It offers information regarding key drivers, restraints, and opportunities with impact analysis.
• Porters Five Forces model analysis of the industry illustrate the potency of the buyers and suppliers of the market.
• Market player positioning provide a clear understanding of the position of leading companies in the market.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐚𝐧𝐝 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/request-for-customization/2002

Capsule Hotel Market Key Segmentation

By Shape
• Vertical
• Horizontal
• By Bed

Single
• Double
• By Geography

Asia-Pacific
• India
• China
• Japan
• Rest of Asia-Pacific

Key Players
• Super Hotel
• Tokyo Ginza Bay Hotel
• Capsule Inn Kamata
• Vintage Inn
• Wink Hotel
• Shinjuku Kuyakusho-mae Capsule Hotel

𝐁𝐮𝐲 𝐍𝐨𝐰 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/checkout-final/1813d5f233d59e4d01a9373236aa76d6

𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 :
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