Travel & Leisure
Non-Residential Accommodation Services
Non-Residential Accommodation Services
Non-Residential Accommodation Services
Global Non-Residential Accommodation Services Market to Reach $606 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Non-Residential Accommodation Services estimated at US$550.7 Billion in the year 2022, is projected to reach a revised size of US$606 Billion by 2030, growing at a CAGR of 1.2% over the period 2022-2030.
The U.S. Market is Estimated at $149.5 Billion, While China is Forecast to Grow at 2.7% CAGR
The Non-Residential Accommodation Services market in the U.S. is estimated at US$149.5 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$115.3 Billion by the year 2030 trailing a CAGR of 2.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.7% and -0.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 0.9% CAGR.Select Competitors (Total 46 Featured) - ACCOR SAAccorHotelsHilton Worldwide Holdings Inc.Hyatt Hotels & ResortsMarriott International, Inc.MGM Resorts InternationalRadisson Hotel GroupPlease note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.
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