Market Overview:
The global students and workers non-residential accommodation market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing number of students and professionals travelling for work or education purposes. Additionally, the growing demand for hotel, motel, casino hotel, and other types of non-residential accommodation is also propelling the growth of this market. On the basis of type, the global students and workers non-residential accommodation market can be segmented into hotels, motels, casino hotels, and others. Among these segments, hotels are expected to account for a major share in terms of revenue in 2018 owing to their wide availability across different regions worldwide. On the basis of application type; application I (education) and application II (work) are two key segments that are anticipated to witness high growth during the forecast period from 2018 to 2030.
Product Definition:
Students And Workers Non-residential Accommodation is an accommodation facility designed to house students and workers who are not residents of the local community. The importance of Students And Workers Non-residential Accommodation lies in its ability to provide a convenient, affordable place for students and workers to stay while they are away from home.
Hotel:
Hotel is a business that provides rooms, board and lodging to travelers, tourists, and individuals. It offers paid services for short-term accommodation. The hotel industry has been witnessing significant growth over the past few years on account of increasing number of international tourists across the globe. Increasing demand for luxury travel has also been driving market growth significantly over the past few years.
Motel:
A Motel is a form of hotel industry that offers rooms for sleeping and other amenities like kitchens and washrooms in one unit. It is generally located near the business or shopping area, so as to make guests' stay convenient.
Application Insights:
Application I was the dominant segment in the global students and workers non-residential accommodation market in 2017. This is attributed to a rise in demand for short-term rental housing from international students. The application II segment is expected to witness significant growth over the forecast period owing to an increase in working class people opting for this type of accommodation due to cost reduction benefits.
The Application III sub-segment includes purpose built student residence, homestay, and campus lodging which are occupied by working professionals or employed graduates on a temporary basis while looking for permanent housing solutions off campus. Purpose built student residences have gained popularity among young professional couples as it provides them with independent living facilities within walking distance from shopping malls, restaurants and entertainment venues offering various amenities such as kitchen facilities along with private washrooms and bedrooms equipped with smart TV and internet access points.
Regional Analysis:
North America dominated the global students and workers non-residential accommodation market in 2017. The growth can be attributed to the presence of a large number of international students as well as foreign workforce in Canada and U.S. Furthermore, increasing demand for online accommodation is expected to propel market growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to an increase in tourism activities coupled with rising disposable income among middle-class population groups especially in China, India, Thailand, Malaysia and Indonesia which are some of the major markets within Asia Pacific region.
Growth Factors:
- Increasing population of students and workers in non-residential areas: The population of students and workers is increasing day by day in the non-residential areas. This is driving the demand for student and worker accommodation.
- Rising income levels of students and workers: The income levels of students and workers are rising, which is resulting in an increase in their spending on accommodation. This is boosting the growth of the student and worker accommodation market.
- Proliferation of private educational institutions: There has been a proliferation of private educational institutions across the globe, which is leading to an increase in the number of students enrolling for higher education courses. This is fueling demand for student accommodation facilities worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Students And Workers Non-residential Accommodation Market Research Report
By Type
Hotel, Motel, Casino Hotel, Other
By Application
Application I, Application II
By Companies
Marriott International, Hilton Worldwide, AccorHotels
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Students And Workers Non-residential Accommodation Market Report Segments:
The global Students And Workers Non-residential Accommodation market is segmented on the basis of:
Types
Hotel, Motel, Casino Hotel, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Application I, Application II
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Marriott International
- Hilton Worldwide
- AccorHotels
Highlights of The Students And Workers Non-residential Accommodation Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hotel
- Motel
- Casino Hotel
- Other
- By Application:
- Application I
- Application II
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Students And Workers Non-residential Accommodation Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Students and workers who are not residents of the municipality in which they work or study may be eligible for non-residential accommodation. This type of accommodation is usually provided by universities, colleges, or other institutions.
Some of the major companies in the students and workers non-residential accommodation market are Marriott International, Hilton Worldwide, AccorHotels.
The students and workers non-residential accommodation market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Students And Workers Non-residential Accommodation Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Students And Workers Non-residential Accommodation Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Students And Workers Non-residential Accommodation Market - Supply Chain
4.5. Global Students And Workers Non-residential Accommodation Market Forecast
4.5.1. Students And Workers Non-residential Accommodation Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Students And Workers Non-residential Accommodation Market Size (000 Units) and Y-o-Y Growth
4.5.3. Students And Workers Non-residential Accommodation Market Absolute $ Opportunity
5. Global Students And Workers Non-residential Accommodation Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Students And Workers Non-residential Accommodation Market Size and Volume Forecast by Type
5.3.1. Hotel
5.3.2. Motel
5.3.3. Casino Hotel
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Students And Workers Non-residential Accommodation Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Students And Workers Non-residential Accommodation Market Size and Volume Forecast by ApplicationIII
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Students And Workers Non-residential Accommodation Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Students And Workers Non-residential Accommodation Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Students And Workers Non-residential Accommodation Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Students And Workers Non-residential Accommodation Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Students And Workers Non-residential Accommodation Demand Share Forecast, 2019-2029
9. North America Students And Workers Non-residential Accommodation Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Students And Workers Non-residential Accommodation Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Students And Workers Non-residential Accommodation Market Size and Volume Forecast by ApplicationIII
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Students And Workers Non-residential Accommodation Market Size and Volume Forecast by Type
9.7.1. Hotel
9.7.2. Motel
9.7.3. Casino Hotel
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Students And Workers Non-residential Accommodation Demand Share Forecast, 2019-2029
10. Latin America Students And Workers Non-residential Accommodation Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Students And Workers Non-residential Accommodation Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Students And Workers Non-residential Accommodation Market Size and Volume Forecast by ApplicationIII
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Students And Workers Non-residential Accommodation Market Size and Volume Forecast by Type
10.7.1. Hotel
10.7.2. Motel
10.7.3. Casino Hotel
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Students And Workers Non-residential Accommodation Demand Share Forecast, 2019-2029
11. Europe Students And Workers Non-residential Accommodation Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Students And Workers Non-residential Accommodation Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Students And Workers Non-residential Accommodation Market Size and Volume Forecast by ApplicationIII
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Students And Workers Non-residential Accommodation Market Size and Volume Forecas by Type
11.7.1. Hotel
11.7.2. Motel
11.7.3. Casino Hotel
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Students And Workers Non-residential Accommodation Demand Share, 2019-2029
12. Asia Pacific Students And Workers Non-residential Accommodation Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Students And Workers Non-residential Accommodation Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Students And Workers Non-residential Accommodation Market Size and Volume Forecast by ApplicationIII
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Students And Workers Non-residential Accommodation Market Size and Volume Forecast by Type
12.7.1. Hotel
12.7.2. Motel
12.7.3. Casino Hotel
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Students And Workers Non-residential Accommodation Demand Share, 2019-2029
13. Middle East & Africa Students And Workers Non-residential Accommodation Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Students And Workers Non-residential Accommodation Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Students And Workers Non-residential Accommodation Market Size and Volume Forecast by ApplicationIII
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Students And Workers Non-residential Accommodation Market Size and Volume Forecast by Type
13.7.1. Hotel
13.7.2. Motel
13.7.3. Casino Hotel
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Students And Workers Non-residential Accommodation Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Students And Workers Non-residential Accommodation Market: Market Share Analysis
14.2. Students And Workers Non-residential Accommodation Distributors and Customers
14.3. Students And Workers Non-residential Accommodation Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Marriott International
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hilton Worldwide
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. AccorHotels
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. COMPANY4
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook