Worldwide Non-Residential Accommodation Services Industry to 2027 – Impact of COVID-19 on the Market – ResearchAndMarkets.com – Press Release

DUBLIN–(Business Wire)–The “Non-Residential Accommodation Services – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.

The publisher brings years of research experience to the 9th edition of this report. The 142-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Global Non-Residential Accommodation Services Market to Reach US$4.5 Trillion by the Year 2027

Amid the COVID-19 crisis, the global market for Non-Residential Accommodation Services estimated at US$3.6 Trillion in the year 2020, is projected to reach a revised size of US$4.5 Trillion by 2027, growing at a CAGR of 3.3% over the period 2020-2027.

The U.S. Accounts for Over 28.9% of Global Market Size in 2020, While China is Forecast to Grow at a 5.3% CAGR for the Period of 2020-2027

The Non-Residential Accommodation Services market in the U.S. is estimated at US$1 Trillion in the year 2020. The country currently accounts for a 28.89% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$751.2 Billion in the year 2027 trailing a CAGR of 5.3% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2% and 2.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.5% CAGR while Rest of European market (as defined in the study) will reach US$751.2 Billion by the year 2027.

Competitors identified in this market include, among others:

  • AccorHotels Group
  • Hilton Worldwide Holdings Inc.
  • Hyatt Hotels & Resorts
  • Marriott International, Inc.
  • MGM Resorts International
  • Radisson Hotel Group
  • Wyndham Destinations

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Impact of Covid-19 and a Looming Global Recession
  • Global Competitor Market Shares
  • Non-Residential Accommodation Services Competitor Market Share Scenario Worldwide (in %): 2018E

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

  • Total Companies Profiled: 46

For more information about this report visit https://www.researchandmarkets.com/r/wz1oi3

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

[email protected]

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