Press release
Pet Friendly Hotel Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends
Pet Friendly Hotel Market
The market size for hotels accommodating pets has seen a swift expansion in the past few years. It's projected to increase from a robust $4.1 billion in 2024 to $4.62 billion in 2025 with a compound annual growth rate (CAGR) amounting to 12.7%. This previous period's growth is likely owing to the burgeoning requirement for lodgings that also cater to pets, the rise of social media platforms, a heightened rate of pet adoption, an increase in travel agencies, and an escalating demand for luxury hotels.
Anticipations point to a swift expansion in the size of the pet friendly hotel market over the next several years as it's projected to grow to $7.34 billion by 2029, boasting a compound annual growth rate (CAGR) of 12.3%. This enlargement during the predicted period may be due to factors such as a surge in pet ownership, a growing older population, a rise in preference for eco-friendly products, an uptick in travel and tourism, and a heightened demand for specialized pet care amenities. Dominant trends during this period consist of technological integration, product innovation, the introduction of cat grooming facilities, incorporation of smart technology for improved pet supervision, and the rollout of stay-and-play deals.
What Is Stimulating Growth in the Pet Friendly Hotel Market?
The growth of the pet-friendly hotel market is anticipated to be boosted by the rise in pet ownership. Having a pet, usually a domesticated species, for companionship, work, or recreational activities is what constitutes pet ownership. Multiple factors, including societal trends, urbanization, and postponement of parenthood among young adults, have contributed to this surge in pet ownership. Pet-friendly hotels facilitate pet ownership by making travel with pets more manageable, enjoyable, and less stressful, strengthening the bond between pets and their owners, and advocating a lifestyle that includes pets. For example, Australia saw a significant increase in pet ownership in 2022, as reported by Animal Medicines Australia, a non-governmental organization based in Australia. The number of pet owners in Australia rose to 28,730.8 in 2022, a 24% increase from 39% in 2021. This indicates a strong trend towards adopting pets and investing in their care. The rise in pet ownership underlines the growing fondness for pets in Australian families. Consequently, the escalating pet ownership fuels the expansion of the pet-friendly hotel market.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=18696&type=smp
Which Businesses Are at the Forefront of Pet Friendly Hotel Market Development?
Major companies operating in the pet friendly hotel market are Marriott International, Loews Hotels, PetSmart Inc., Hilton Worldwide Holdings Inc., Fairmont Hotels & Resorts, Hyatt Hotels Corporation, InterContinental Hotels Group, Wyndham Hotels & Resorts, Montage Hotels & Resorts, Red Roof Inn, Auberge Resorts Collection, The Hoxton, Langham Hospitality Group, Le Bristol Paris, Oetker Collection, Best Friend Pet Care, Dusit International, Barkley Pet Hotel & Day Spa, Eden Roc Cap Cana, Old Towne Pet Resort LLC, Inn By The Sea
What Are the Latest Innovations in the Pet Friendly Hotel Market?
Leading businesses in the pet-friendly hotel sector are channeling their efforts into providing innovative services, such as packages designed specifically for guests with pets. The goal of these initiatives is to appeal to an increasing number of traveling pet owners, enhance overall visitor experience, and carve a unique identity in a fiercely competitive space. The pet-specialized packages on offer aim to provide a varied list of wholesome food and beverage choices tailored exclusively for pet guests and their human companions. The packages often boast host of pet-specific amenities including custom pet beds, upscale pet cuisine, and pet babysitting provisions. For instance, in April 2024, US-based Moxy Hotels entered into a collaboration with UK-based Sir Woofchester's Canine Hospitality to roll out an upgraded dog-friendly package across its hotel chain. The package includes unique features like welcome kits stuffed with dog treats and toys and also access to spaces within the hotel that are dedicated for pet use. This trend highlights the growing emphasis on developing holistic and pet-accommodative experiences to bring in and hold onto pet-owning travelers, an indication of the broader shifts in consumer behavior towards incorporating pets into their everyday lives.
How Is the Pet Friendly Hotel Market Segmented?
The pet friendly hotel market covered in this report is segmented -
1) By Type: Luxury Hotel, Normal Hotel
2) By Booking: Offline, Phone, Online
3) By Application: Pet Cat, Pet Dog, Other Applications
Subsegments:
1) By Luxury Hotel: 5-Star Pet-Friendly Hotels, Boutique Pet-Friendly Hotels, Pet Spa and Wellness Hotels
2) By Normal Hotel: Mid-Range Pet-Friendly Hotels, Budget Pet-Friendly Hotels, Chain and Franchise Pet-Friendly Hotels
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/pet-friendly-hotel-global-market-report
Where Is the Pet Friendly Hotel Market Growth Most Prominent?
North America was the largest region in the pet friendly hotel market in 2024. The regions covered in the pet friendly hotel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Pet Friendly Hotel Global Market Report?
- Market Size Analysis: Analyze the Pet Friendly Hotel Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Pet Friendly Hotel Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Pet Friendly Hotel Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Pet Friendly Hotel Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=18696
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Pet Friendly Hotel Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends here
News-ID: 3866056 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Hotel
E-sports Hotel Market Is Booming Worldwide | Atari Hotel, The Arcade Hotel, i …
E-sports Hotel Market: The extensive research on E-sports Hotel Market, by Qurate Research is a clear representation on all the essential factors that are expected to drive the market considerably. Thorough study on E-sports Hotel Market helps the buyers of the report, customers, the stakeholders, business owners, and stockholders to understand the market in detail. The updated research report comprises key information on the market, such as market rate, estimated…
Gaming Hotel Market 2022 COVID 19 Impact Analysis, New Technology, Demand and Op …
Gaming Hotel is one of the most reliable markets and segmented by manufacturers, regions, type and application. It has arranged and managed information regarding the analysis of various companies, their revenue, price and volume in various regions. The report also provides a forecast for the global Gaming Hotel market from 2022-2028. This will help readers to get an idea about how the market will perform in the coming years so…
Capsule Hotel Market Forecast 2020-26, Super Hotel, Tokyo Ginza Bay Hotel
The latest study on the Global Capsule Hotel market report represents a deep appraisal of the international industry. The research report on the worldwide Capsule Hotel market 2020-2026 sheds light on qualitative as well as quantitative insights, historical Capsule Hotel industry status and authorized projection related to the Capsule Hotel market size. Each and every segment exhibited in this report are discovered through verifiable research methods…
Worldwide Report on Hotel Booking Market 2019-2026 with Top Key Player Profiled …
The Hotel Booking industry is one of the key areas that promote the growth of the Hotel Booking industry at a global level. The booming travel and tourism industry is one of the key factors driving the demand in the Hotel Booking industry. In addition, as a multitude of multinational corporations have widened their base around the world, the number of business travelers who are activating the Hotel Booking industry…
2019 to 2026 Thriving Worldwide Report on Global Hotel Booking Market Top Key Pl …
This report on global Hotel Booking market is a detailed research study that helps provides answers and pertinent questions with respect to the emerging trends and growth opportunities in this particular industry. It helps identify each of the prominent barriers to growth, apart from identifying the trends within various application segments of the global market for Hotel Booking .Collecting historical and recent data from various authentic resources, and depending on…
Popular Phoenix Hotel - Howard Johnson International Airport Hotel
Our focus has been on customer care and we pride ourselves in the fact that we have testimonials from satisfied customers to support our claim. Our staff is courteous, friendly and ready to attend to your needs 24x7 with a very personalized service. Stay with us once and decide yourself whether our claims are authentic or not.
Laced with all contemporary facilities, Howard Johnson International Airport Phoenix comes with features that…
