Press release
Pet Friendly Hotel Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts
Pet Friendly Hotel
What Is the Expected Pet Friendly Hotel Market Size During the Forecast Period?
The pet-friendly hotel market has experienced rapid growth in recent years. It is projected to grow from $4.1 billion in 2024 to $4.62 billion in 2025, reflecting a CAGR of 12.7%. This growth can be attributed to the rising demand for pet-inclusive accommodations, the emergence of social media platforms, an increase in pet adoption, the expansion of travel agencies, and the growing demand for luxury hotels.
The pet-friendly hotel market is expected to grow rapidly, reaching $7.34 billion by 2029 at a CAGR of 12.3%. Contributing factors include the rising number of pet owners, an aging population, increasing preference for eco-friendly products, the growth of travel and tourism, and a demand for specialized pet care services. Key trends include the integration of technology, product innovations, the introduction of cat grooming services, the use of smart technology for pet monitoring, and the development of stay-and-play packages.
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What Are the High-Growth Segments in the Pet Friendly Hotel Market?
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
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What Key Drivers Are Expected to Influence Future Pet Friendly Hotel Market Growth?
The rise in pet ownership is set to enhance the growth of the pet-friendly hotel market. As more people adopt pets, driven by social trends and urbanization, pet-friendly hotels are becoming more popular as they make traveling with pets easier and more enjoyable. Pet-friendly accommodations help strengthen the bond between pets and owners while promoting a pet-inclusive lifestyle. In 2022, the Animal Medicines Australia report revealed a significant increase in pet ownership in Australia, with pet owners reaching 28,730.8 thousand in 2022, highlighting a 24% growth in pet adoption and supporting the rise of pet-friendly hotels.
Which Companies Hold the Largest Share Across Different Pet Friendly Hotel Market Segments?
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 Trends Are Expected to Dominate the Pet Friendly Hotel Market in the Next 5 Years?
Major companies in the pet-friendly hotel market are introducing tailored services to cater to pet owners. For instance, in April 2024, US-based Moxy Hotels, in collaboration with UK-based Sir Woofchester's Canine Hospitality, unveiled new pet-friendly packages including welcome kits and communal areas to enhance the experience for pet-traveling guests.
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What Are the Emerging Geographies for The Pet Friendly Hotel Market Growth?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Pet Friendly Hotel Market?
2. What is the CAGR expected in the Pet Friendly Hotel Market?
3. What Are the Key Innovations Transforming the Pet Friendly Hotel Industry?
4. Which Region Is Leading the Pet Friendly Hotel Market?
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