Global Non-Residential Accommodation Services Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Price Point;

Economy, Mid-Range, and Luxury.

By Channel;

Direct Sales, and Distributor.

By Mode of Booking;

Online Bookings, Direct Bookings, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn766336437 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Non-Residential Accommodation Services Market (USD Million), 2021 - 2031

In the year 2024, the Global Non-Residential Accommodation Services Market was valued at USD 832090.88 million. The size of this market is expected to increase to USD 1094974.83 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.0%.

The global non-residential accommodation services market encompasses a wide range of services catering to travelers and businesses outside the residential domain. This sector includes accommodation services such as hotels, motels, hostels, resorts, and other lodging establishments that serve both leisure and business travelers. With globalization and increased mobility, the demand for non-residential accommodation services has surged, driven by factors such as business travel, tourism, conferences, events, and temporary relocations. The market is characterized by diverse offerings catering to various preferences, budgets, and needs of travelers, ranging from budget-friendly options to luxury accommodations.

Moreover, the growth of the global non-residential accommodation services market is influenced by emerging trends such as the sharing economy and digitalization. Platforms like Airbnb, Booking.com, and Expedia have revolutionized the way travelers book accommodation, offering a wide range of options and enabling seamless booking experiences. Additionally, advancements in technology, including mobile applications, online booking systems, and smart room amenities, have enhanced the convenience and efficiency of non-residential accommodation services. These technological innovations have also facilitated personalized experiences for travelers, allowing them to customize their stays and access additional services and amenities.

Furthermore, the non-residential accommodation services market is shaped by evolving consumer preferences and demands for unique and experiential travel experiences. Increasingly, travelers are seeking authentic and immersive experiences that go beyond traditional accommodations, leading to the rise of niche and boutique lodging options. This trend has spurred innovation in the industry, with accommodations offering themed rooms, eco-friendly practices, wellness amenities, and cultural immersion programs. Additionally, the market is witnessing growing interest in sustainable and responsible travel practices, driving demand for eco-friendly accommodations and initiatives aimed at reducing environmental impact. As a result, the global non-residential accommodation services market continues to evolve to meet the changing needs and preferences of travelers worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Price Point
    2. Market Snapshot, By Channel
    3. Market Snapshot, By Mode of Booking
    4. Market Snapshot, By Region
  4. Global Non-Residential Accommodation Services Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Travel and Tourism Industry
        2. Business Travel Demand Surge
        3. Technological Advancements in Booking
      2. Restraints
        1. Economic Instability
        2. Competition from Alternatives
        3. Regulatory Challenges
      3. Opportunities
        1. Emerging Market Expansion
        2. Demand for Unique Experiences
        3. Sustainable Practices Adoption
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Non-Residential Accommodation Services Market, By Price Point, 2021 - 2031 (USD Million)
      1. Economy
      2. Mid-Range
      3. Luxury
    2. Global Non-Residential Accommodation Services Market, By Channel, 2021 - 2031 (USD Million)
      1. Direct Sales
      2. Distributor
    3. Global Non-Residential Accommodation Services Market, By Mode of Booking, 2021 - 2031 (USD Million)
      1. Online Bookings
      2. Direct Bookings
      3. Others
    4. Global Non-Residential Accommodation Services Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Marriott International, Inc.
      2. Hilton Worldwide Holdings Inc.
      3. InterContinental Hotels Group PLC (IHG)
      4. Airbnb, Inc.
      5. Booking Holdings Inc.
      6. Expedia Group, Inc.
      7. AccorHotels Group
      8. Hyatt Hotels Corporation
      9. Choice Hotels International, Inc.
      10. Wyndham Hotels & Resorts, Inc.
  7. Analyst Views
  8. Future Outlook of the Market