The non-residential accommodation market provides lodging or short-term accommodation for travelers, vacationers and others.
The top five companies covered are Marriott International, Inc., Hilton Worldwide Holdings, Inc., Wyndham Worldwide Corporation, Hyatt Hotels Corporation, and Four Seasons Hotels & Resorts. Marriott International, Inc. was the largest company in the non-residential accommodation market.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
The global non-residential accommodation market was valued around $920 billion in 2017. North America was the largest region in the non-residential accommodation market in 2017, accounting for around 35% of the total market. USA was the largest market accounting for around 29% of the total market.
Wellness travel is on the rise in the accommodation market. It includes classic yoga retreats and spa experiences, detox menu, mediation sessions, extreme fitness boot camps, agro-tourism and farm stays, hot springs and thermal bath trips, cycling vacations and more.
The non-residential accommodation market is segmented into Hotel and Motel, Students Accommodation and Workers Accommodation, and Camping and Caravanning.
Hotel and Other Travel Accommodation provides short-term accommodation, meals and other guest services for travelers and tourists.
Students and Workers Non-Residential Accommodation primarily engaged in operating rooming and boarding houses and similar facilities, such as fraternity houses, sorority houses, off-campus dormitories, residential clubs, and workers' camps.
Camping and Caravanning Industry operates camping sites, overnight recreational camps, outdoor adventure camps and others.