Market Overview

The Global Non-Residential Accommodation Market was valued at USD 1,084,998.9 million in 2023 and is expected to reach USD 3,116,839.7 million by 2031 while growing at a CAGR of 14.1% % during the forecast period (2024-2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global non-residential accommodation market growth. A non-residential accommodation, distinct from hotels, motels, hostels, or other residential options, is a facility or space that offers services or amenities without providing overnight lodging. Unlike residential accommodations, which include sleeping arrangements, non-residential accommodations are specifically designed for activities, services, or purposes other than overnight stays.

Increased business activities and corporate events, along with the integration of advanced technologies such as online booking platforms, smart room features, and contactless check-in/check-out systems, drive the growth of the non-residential accommodation market. Nonetheless, obstacles like Crisis Events, Global Uncertainties, and Regulatory Challenges may hinder market expansion.

Furthermore, the global non-residential accommodation industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Type Analysis

The Global Non-Residential Accommodation Market is segmented among Hotels, Motels, Resorts, Vacation Rentals, and Others, based on Type. In 2023, Hotels accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By End User Analysis

The Global Non-Residential Accommodation Market is segmented among Leisure Travelers, Business Travelers, and Group Travelers, based on Mode of End User. In 2023, Business Travelers accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Non-Residential Accommodation Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Marriott International, Hilton Worldwide Holdings, InterContinental Hotels Group, AccorHotels, MGM Resorts International, Rewe Group, Ctrip.Com International Ltd, Starwood Hotels, Hyatt Hotels Corporation, and Four Seasons Hotels and Resorts.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Non-Residential Accommodation Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Non-Residential Accommodation Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Non-Residential Accommodation Market Segmentation, By Type

• Global Non-Residential Accommodation Market Share Analysis, By Type

• Global Non-Residential Accommodation Market Growth Analysis, By Type

• Global Non-Residential Accommodation Market Trends, By Type

o Hotels

o Motels

o Resorts

o Vacation Rentals

o Others

6. Global Non-Residential Accommodation Market Segmentation, By End User

• Global Non-Residential Accommodation Market Share Analysis, By End User

• Global Non-Residential Accommodation Market Growth Analysis, By End User

• Global Non-Residential Accommodation Market Trends, By End User

o Leisure Travelers

o Business Travelers

o Group Travelers

7.  Global Non-Residential Accommodation Market Segmentation, By Distribution Channels

• Global Non-Residential Accommodation Market Share Analysis, By Distribution Channels

• Global Non-Residential Accommodation Market Growth Analysis, By Distribution Channels

• Global Non-Residential Accommodation Market Trends, By Distribution Channels

o Hotel Websites

o Online Travel Agencies (OTA

o Travel Management Companies (TMCs)

o Corporate Travel Agents

8. Global Non-Residential Accommodation Market Segmentation, By Region

• Global Non-Residential Accommodation Market Share Analysis, By Region

• Global Non-Residential Accommodation Market Growth Analysis, By Region

• Global Non-Residential Accommodation Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

9. Competitive Landscape

• Marriott International*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Hilton Worldwide Holdings

• InterContinental Hotels Group

• AccorHotels

• MGM Resorts International

• Rewe Group

• Ctrip.Com International Ltd

• Starwood Hotels

• Hyatt Hotels Corporation

• Four Seasons Hotels and Resorts   

 *Similar analysis will be provided for each company listed above.