Non Residential Accommodation Services Market
By Type;
Hotel & Other Travel Accommodation, Camping & Caravanning and Students & Workers Non-Residential AccommodationBy Price Point;
Economy, Mid-Range and LuxuryBy Channel;
Direct Sales and DistributorBy Mode of Booking;
Online Bookings, Direct Bookings and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Non-Residential Accommodation Services Market Overview
Non-Residential Accommodation Services Market (USD Million)
Non-Residential Accommodation Services Market was valued at USD 832090.88 million in the year 2024. 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%.
Non Residential Accommodation Services Market
*Market size in USD million
CAGR 4.0 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 4.0 % |
Market Size (2024) | USD 832090.88 Million |
Market Size (2031) | USD 1094974.83 Million |
Market Concentration | High |
Report Pages | 371 |
Major Players
- Marriott International, Inc.
- Hilton Worldwide Holdings Inc.
- InterContinental Hotels Group PLC (IHG)
- Airbnb, Inc.
- Booking Holdings Inc.
- Expedia Group, Inc.
- AccorHotels Group
- Hyatt Hotels Corporation
- Choice Hotels International, Inc.
- Wyndham Hotels & Resorts, Inc.
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Non Residential Accommodation Services Market
Fragmented - Highly competitive market without dominant players
The Non Residential Accommodation Services Market is experiencing strong growth, supported by changing travel behaviors and the demand for versatile lodging solutions. Over 58% of global travelers are opting for flexible stays that combine affordability with convenience. This momentum is shaped by lifestyle shifts, rising tourism, and the increasing importance of personalized experiences.
Shift Toward Alternative Lodging
Around 61% of leisure travelers now choose serviced apartments and rental stays over traditional hotels. These formats provide cost benefits, privacy, and a homelike atmosphere, catering to professionals, families, and remote workers. The expansion of such preferences reflects a market transformation toward customer-centric lodging.
Digital Transformation in Bookings
Nearly 67% of reservations in this market are completed through digital platforms. Mobile apps, comparison tools, and AI-enabled booking services offer travelers convenience and confidence in their choices. Digital integration not only improves booking efficiency but also enhances transparency, which is critical for customer trust.
Corporate and Institutional Utilization
More than 55% of organizations rely on non residential accommodations for long-term projects, events, and workforce needs. Extended-stay models are proving beneficial in cost control and operational efficiency for corporate travel. This growing adoption underscores the sector’s importance in meeting business-oriented accommodation demands.
Non-Residential Accommodation Services Market Recent Developments
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In June 2023, Marriott International launched a new luxury accommodation segment targeting extended-stay non-residential clients, featuring co-working spaces.
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In November 2022, Airbnb expanded its service offerings to include long-term non-residential stays, catering to remote professionals and digital nomads.
Segment Analysis
This report extensively covers different segments of Global Non-Residential Accommodation Services Market and provides an in depth analysis (including revenue analysis for both historic and forecast periods) for all the market segments. In this report, the analysis for every market segment is substantiated with relevant data points and, insights that are generated from analysis of these data points (data trends and patterns).
The global non-residential accommodation services market has been segmented by price point, channel, mode of booking, and geography to provide a comprehensive understanding of consumer preferences and market dynamics.
Price Point Segmentation: Accommodation services are categorized based on price points, ranging from budget-friendly options to luxury establishments. This segmentation allows travelers to choose accommodations that align with their budget and preferences, catering to a diverse range of consumers.
Channel Segmentation: Accommodation services are accessed through various channels, including online travel agencies (OTAs), direct bookings through hotel websites, and traditional travel agencies. This segmentation reflects the different avenues through which consumers can access and book accommodation services, providing insights into booking trends and distribution channels.
Mode of Booking Segmentation: Booking methods for accommodation services vary, including online bookings, telephone reservations, walk-in bookings, and group bookings. This segmentation highlights the different modes of booking preferred by travelers, facilitating targeted marketing strategies and operational planning for accommodation providers.
Geographical Segmentation: The global non-residential accommodation services market is segmented by geography to analyze regional variations in demand, consumer preferences, and market trends. This segmentation enables stakeholders to identify growth opportunities and tailor their offerings to specific markets based on geographic factors such as travel patterns, tourism trends, and cultural preferences.
Global Non-Residential Accommodation Services Segment Analysis
In this report, the Global Non-Residential Accommodation Services Market has been segmented by Price Point, Channel, Mode of Booking and Geography.
Global Non-Residential Accommodation Services Market, Segmentation by Price Point
The Global Non-Residential Accommodation Services Market has been segmented by Price Point into Economy, Mid-Range and Luxury.
The segmentation of the global non-residential accommodation services market by price point into economy, mid-range, and luxury categories caters to diverse consumer preferences and budgets. Economy accommodations typically offer budget-friendly options for travelers seeking basic amenities and affordability. These establishments include budget hotels, motels, and hostels that provide essential services such as comfortable beds, clean facilities, and sometimes complimentary breakfast. Economy accommodations are popular among budget-conscious travelers, backpackers, and those prioritizing cost savings over luxury amenities.
In contrast, mid-range accommodations occupy a middle ground between economy and luxury offerings, appealing to travelers seeking a balance between affordability and comfort. These establishments often include branded hotels, boutique hotels, and bed-and-breakfasts that offer a wider range of amenities and services compared to economy options. Mid-range accommodations may feature amenities such as onsite dining options, fitness centers, business facilities, and enhanced room amenities. They cater to a diverse range of travelers, including families, business travelers, and leisure tourists, who prioritize value for money and a comfortable stay experience.
Luxury accommodations represent the pinnacle of non-residential accommodation services, offering premium amenities, personalized services, and luxurious experiences to discerning travelers. These establishments include five-star hotels, resorts, luxury villas, and boutique properties known for their opulent settings, impeccable service, and exclusive offerings. Luxury accommodations often feature lavish room designs, gourmet dining options, spa and wellness facilities, concierge services, and bespoke experiences tailored to individual preferences. They cater to affluent travelers, high-end corporate clients, and luxury-seeking tourists looking for unparalleled comfort, indulgence, and sophistication during their stays.
Global Non-Residential Accommodation Services Market, Segmentation by Channel
The Global Non-Residential Accommodation Services Market has been segmented by Channel into Direct Sales and Distributor.
The segmentation of the global non-residential accommodation services market by channel into direct sales and distributor reflects the diverse distribution channels through which accommodations are booked and accessed by travelers. Direct sales refer to bookings made directly through the accommodation provider, such as hotel websites, phone reservations, or walk-in bookings. This channel offers advantages such as direct communication with the accommodation staff, potential for personalized service, and sometimes lower costs due to bypassing third-party commissions. Accommodation providers often invest in their online presence and booking systems to facilitate seamless direct bookings, enhancing customer experience and loyalty.
On the other hand, the distributor channel encompasses third-party platforms and intermediaries that facilitate bookings between travelers and accommodations. These distributors include online travel agencies (OTAs) like Booking.com, Expedia, and Airbnb, as well as traditional travel agencies and tour operators. Distributors offer travelers a wide range of options and convenience through comprehensive search functionalities, user reviews, and booking management tools. They play a crucial role in marketing accommodations to a global audience, driving demand and occupancy rates. However, accommodations may incur commission fees or other charges for bookings made through distributors, impacting their profit margins.
The segmentation by channel reflects the evolving landscape of how accommodations are marketed and accessed in the digital age. While direct sales remain important for building brand loyalty and maximizing revenue, the distributor channel offers extensive reach and accessibility to a diverse customer base. Accommodation providers often employ a multi-channel distribution strategy, leveraging both direct and distributor channels to maximize their market exposure and revenue potential. Moreover, advancements in technology and data analytics enable accommodations to optimize their distribution strategies, target specific customer segments, and enhance overall competitiveness in the global non-residential accommodation services market.
Global Non-Residential Accommodation Services Market, Segmentation by Mode of Booking
The Global Non-Residential Accommodation Services Market has been segmented by Mode of Booking into Online Bookings, Direct Bookings and Others.
The segmentation of the global non-residential accommodation services market by mode of booking into online bookings, direct bookings, and others reflects the diverse ways in which travelers access and reserve accommodations. Online bookings have become increasingly popular, driven by the convenience and accessibility offered by digital platforms and travel websites. With the rise of online travel agencies (OTAs) and booking platforms such as Booking.com, Expedia, and Airbnb, travelers have a wide range of options to choose from and can easily compare prices, read reviews, and book accommodations from anywhere with an internet connection. The ease of online bookings has transformed the way travelers plan and organize their trips, leading to a significant shift away from traditional booking methods.
Direct bookings, on the other hand, involve travelers making reservations directly with the accommodation provider, bypassing intermediaries such as OTAs. Direct bookings are often preferred by travelers seeking a more personalized and direct relationship with the accommodation provider. Hotels, resorts, and other lodging establishments may incentivize direct bookings through loyalty programs, discounts, and special offers, aiming to build customer loyalty and reduce reliance on third-party booking channels. Additionally, direct bookings enable accommodation providers to gather valuable guest data, enhance customer service, and maintain control over pricing and inventory management.
The "others" category in the segmentation of the non-residential accommodation services market by mode of booking encompasses various alternative booking methods and channels. This may include bookings made through travel agents, tour operators, corporate travel departments, and offline channels such as phone reservations or walk-ins. While online and direct bookings dominate the market, these alternative booking methods still play a role, particularly in certain segments such as corporate travel or specialized tour packages. Accommodation providers may adopt a multi-channel approach to reach different customer segments and maximize their booking potential across various channels.
Global Non-Residential Accommodation Services Market, Segmentation by Geography
In this report, the Global Non-Residential Accommodation Services Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Non-Residential Accommodation Services Market Share (%), by Geographical Region, 2024
The global non-residential accommodation services market exhibits a diverse distribution of market share across different geographical regions. North America and Europe hold significant shares of the market, driven by well-established tourism industries, robust business travel, and a wide range of accommodation options catering to various preferences and budgets. These regions benefit from developed infrastructure, strong hospitality sectors, and popular tourist destinations, which attract millions of travelers each year. Additionally, cities like New York, London, Paris, and Dubai are key hubs for business and leisure travel, further contributing to the market share of non-residential accommodation services in these regions.
Asia Pacific is emerging as a prominent player in the global non-residential accommodation services market, fueled by rapid urbanization, rising disposable incomes, and increasing tourism activities. Countries like China, Japan, India, and Thailand are experiencing significant growth in inbound and domestic tourism, driving demand for accommodation services. Moreover, the region's diverse cultural heritage, natural attractions, and vibrant cities offer a plethora of opportunities for accommodation providers to capture market share. With the expansion of international hotel chains, budget accommodations, and online booking platforms, Asia Pacific is expected to continue gaining market share in the non-residential accommodation services sector.
In contrast, regions like Latin America, the Middle East, and Africa hold smaller shares of the global non-residential accommodation services market. However, these regions are witnessing steady growth driven by improving infrastructure, government initiatives to promote tourism, and investments in hospitality development projects. Popular tourist destinations in Latin America such as Mexico, Brazil, and Argentina attract leisure travelers, while cities like Dubai and Abu Dhabi in the Middle East serve as major business and leisure hubs. As these regions continue to invest in tourism infrastructure and attract international visitors, their market share in the non-residential accommodation services market is expected to expand gradually.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Non-Residential Accommodation Services Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Rising Demand for High-End Interior Design
- Urbanization and Infrastructure Growth
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Environmental Awareness-Environmental awareness is increasingly shaping the global non-residential accommodation services market, as travelers become more conscious of their ecological footprint and seek environmentally friendly lodging options. Hotels, resorts, and other accommodation providers are responding to this trend by implementing sustainability initiatives aimed at reducing energy consumption, minimizing waste, conserving water, and promoting eco-friendly practices throughout their operations. From adopting renewable energy sources and installing energy-efficient appliances to implementing recycling programs and reducing single-use plastics, accommodations are incorporating sustainable practices into their business models to appeal to environmentally conscious travelers.
Environmental certifications and eco-labeling programs play a significant role in the global non-residential accommodation services market, providing consumers with assurance that the lodging establishment meets certain environmental standards. Certifications such as LEED (Leadership in Energy and Environmental Design), Green Globe, and EarthCheck certify hotels and resorts based on their sustainability performance in areas such as energy efficiency, water conservation, waste management, and community engagement. Accommodations that achieve these certifications are often preferred by environmentally aware travelers seeking responsible and sustainable lodging options.
Environmental awareness in the non-residential accommodation services market extends beyond operational practices to include experiential offerings that promote nature conservation and environmental education. Eco-tourism and sustainable travel experiences are gaining popularity, with accommodations offering activities such as nature walks, wildlife conservation programs, and eco-friendly excursions that allow travelers to engage with and appreciate the natural environment responsibly. By incorporating environmental awareness into their offerings, accommodations not only attract environmentally conscious travelers but also contribute to conservation efforts and promote sustainable tourism practices on a global scale.
Restraints:
- Environmental Impact of Quarrying
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Competition from Engineered Stone-Competition from engineered stone products presents a notable challenge for the global non-residential accommodation services market, particularly in the realm of interior design and furnishings. Engineered stone, such as quartz and other composite materials, offers an alternative to natural stone in various applications, including countertops, flooring, and wall cladding. Engineered stone products often mimic the appearance of natural stone while providing advantages such as uniformity, durability, and resistance to staining and scratching. As a result, they have gained popularity among accommodation service providers looking for cost-effective and low-maintenance solutions for their properties.
The competition from engineered stone extends beyond its functional benefits to its aesthetic appeal and design versatility. Engineered stone products offer a wide range of colors, patterns, and finishes, allowing designers and property owners to achieve customized looks that suit their branding, theme, or design concept. Additionally, engineered stone can be engineered to replicate the natural beauty of rare or exotic stones, providing accommodations with luxurious aesthetics at a fraction of the cost. This flexibility and adaptability make engineered stone an attractive option for non-residential accommodation services seeking to enhance the visual appeal and value of their properties.
The competitive landscape between natural and engineered stone in the non-residential accommodation services market is influenced by factors such as cost, availability, and sustainability. While engineered stone may offer cost savings and consistency in quality, natural stone remains prized for its uniqueness, authenticity, and perceived luxury. Additionally, considerations regarding sustainability and environmental impact play a role in decision-making, with some accommodation service providers opting for natural stone sourced from responsible quarries to align with sustainability goals and consumer preferences. As the market continues to evolve, finding the right balance between natural and engineered stone solutions will be essential for accommodation service providers to meet the diverse needs and expectations of their clientele.
Opportunities:
- Expansion of Commercial Construction
- Technological Advancements in Processing
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Sustainable Sourcing Initiatives-Sustainable sourcing initiatives are increasingly shaping the global non-residential accommodation services market as environmental and social responsibility become paramount concerns for both businesses and travelers. Accommodation providers are adopting sustainable sourcing practices across various aspects of their operations, from procurement of goods and services to waste management and community engagement. Sustainable sourcing initiatives focus on reducing the environmental footprint of accommodations by sourcing locally-produced goods, using renewable energy sources, and implementing resource-efficient practices such as water and energy conservation. These initiatives not only contribute to environmental preservation but also enhance the overall guest experience by promoting eco-friendly and socially responsible hospitality.
Sustainable sourcing initiatives in the non-residential accommodation services market extend beyond environmental considerations to encompass social and economic aspects. Accommodation providers are increasingly partnering with local communities and businesses to support economic development, promote cultural heritage preservation, and empower local artisans and entrepreneurs. By sourcing goods and services from local suppliers, accommodations contribute to the economic prosperity of the communities in which they operate while fostering authentic and immersive guest experiences. Additionally, sustainable sourcing initiatives may involve ethical labor practices, such as fair wages, safe working conditions, and respect for human rights, ensuring that accommodation providers uphold high standards of social responsibility throughout their supply chains.
Sustainable sourcing initiatives in the non-residential accommodation services market are driven by consumer preferences and expectations for ethical and sustainable travel experiences. Travelers are increasingly seeking accommodations that align with their values and support environmental and social causes. Sustainable sourcing practices not only appeal to environmentally conscious travelers but also enhance the reputation and brand image of accommodation providers, leading to increased customer loyalty and positive word-of-mouth marketing. As sustainability becomes a key differentiator in the competitive hospitality industry, accommodations that prioritize sustainable sourcing initiatives are well-positioned to attract and retain discerning travelers seeking responsible and meaningful travel experiences.
Non Residential Accommodation Services Market Competitive Landscape Analysis
Non Residential Accommodation Services Market is witnessing consistent growth driven by strategic partnerships, mergers, and cross-industry collaborations. Key providers are focusing on technological advancements to improve booking platforms, guest management, and service integration. Market expansion across corporate housing, student accommodation, hostels, and serviced apartments is significant, with top companies capturing over 70% of market share.
Market Structure and Concentration
The market demonstrates a moderately concentrated structure, with major operators holding more than 65% of revenue share. Strategic collaborations and diversified strategies ensure stronger brand positioning and service quality. New entrants are investing in affordable, flexible, and digitally managed accommodation solutions, fueling growth and meeting rising demand for non-traditional living spaces.
Brand and Channel Strategies
Leading brands deploy multi-channel strategies through direct leasing, online travel platforms, and corporate contracts. Strategic partnerships with universities, businesses, and real estate developers strengthen adoption and brand presence. Top companies maintain over 55% regional share by offering tailored accommodation services backed by strong distribution networks, ensuring consistent growth.
Innovation Drivers and Technological Advancements
The market is propelled by innovation in digital booking systems, property management platforms, and smart facility integration. Over 60% of service providers are adopting IoT-enabled systems, AI-driven pricing, and contactless solutions. These technological advancements improve operational efficiency, customer satisfaction, and long-term growth across multiple accommodation segments.
Regional Momentum and Expansion
Strong expansion is observed in Asia-Pacific, North America, and Europe, supported by urbanization, student mobility, and corporate travel demand. Market leaders hold more than 50% share in these regions, leveraging localized expertise, scalable solutions, and collaborative strategies to sustain growth and reinforce competitive advantage.
Future Outlook
The future of the Non Residential Accommodation Services Market is anchored on continuous innovation, strategic partnerships, and sustainable expansion. Focus on smart living spaces, digitalized guest services, and environmentally conscious housing is expected to accelerate adoption. With ongoing technological advancements and collaborative strategies, the market is projected to sustain growth exceeding 70% in the coming years.
Key players in Non-Residential Accommodation Services Market include:
- Marriott International
- Hilton Worldwide Holdings
- InterContinental Hotels Group
- AccorHotels
- Hyatt Hotels Corporation
- Four Seasons Hotels & Resorts
- Wyndham Hotels & Resorts
- Choice Hotels International
- Best Western International
- Mandarin Oriental International Limited
- Shangri-La Asia Limited
- The Indian Hotels Company Limited
- Jumeirah International LLC
- Extended Stay America
- Red Roof Inn
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Price Point
- Market Snapshot, By Channel
- Market Snapshot, By Mode of Booking
- Market Snapshot, By Region
- Non-Residential Accommodation Services Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Growing Travel and Tourism Industry
- Business Travel Demand Surge
- Technological Advancements in Booking
- Restraints
- Economic Instability
- Competition from Alternatives
- Regulatory Challenges
- Opportunities
- Emerging Market Expansion
- Demand for Unique Experiences
- Sustainable Practices Adoption
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Non Residential Accommodation Services Market, By Type, 2021 - 2031 (USD Million)
- Hotel & Other Travel Accommodation
- Camping & Caravanning
- Students & Workers Non-Residential Accommodation
- Non Residential Accommodation Services Market, By Price Point, 2021 - 2031 (USD Million)
- Economy
- Mid-Range
- Luxury
- Non Residential Accommodation Services Market, By Channel, 2021 - 2031 (USD Million)
- Direct Sales
- Distributor
- Non Residential Accommodation Services Market, By Mode of Booking, 2021 - 2031 (USD Million)
- Online Bookings
- Direct Bookings
- Others
- Non-Residential Accommodation Services Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Non Residential Accommodation Services Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Marriott International
- Hilton Worldwide Holdings
- InterContinental Hotels Group
- AccorHotels
- Hyatt Hotels Corporation
- Four Seasons Hotels & Resorts
- Wyndham Hotels & Resorts
- Choice Hotels International
- Best Western International
- Mandarin Oriental International Limited
- Shangri-La Asia Limited
- The Indian Hotels Company Limited
- Jumeirah International LLC
- Extended Stay America
- Red Roof Inn
- Company Profiles
- Analyst Views
- Future Outlook of the Market