Global Micro Hotel Market Growth (Status and Outlook) 2023-2029

Global Micro Hotel Market Growth (Status and Outlook) 2023-2029

The global Micro Hotel market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Micro Hotel is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Micro Hotel is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Micro Hotel is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Micro Hotel players cover Nine Hours Otemachi, Container Hotels, Tubo Hotel, Rolling Huts, Koyasan Guest House Kokuu, Yotel Hotels, The Dean Hotel Dublin, CitizenM and The Pod Hotel, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

A micro hotel is a lodging facility that incorporates high quality furnishings and amenities in a room with half the square footage of a typical hotel room. These small but fully functional rooms are an affordable option for budget-conscious leisure and business travellers in high-density urban areas.

LPI (LP Information)' newest research report, the “Micro Hotel Industry Forecast” looks at past sales and reviews total world Micro Hotel sales in 2022, providing a comprehensive analysis by region and market sector of projected Micro Hotel sales for 2023 through 2029. With Micro Hotel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Micro Hotel industry.

This Insight Report provides a comprehensive analysis of the global Micro Hotel landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Micro Hotel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Micro Hotel market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Micro Hotel and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Micro Hotel.

This report presents a comprehensive overview, market shares, and growth opportunities of Micro Hotel market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Phone Booking
Online Booking
In Person Booking

Segmentation by application
Independent Traveller
Package Traveller
Tour Group

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Nine Hours Otemachi
Container Hotels
Tubo Hotel
Rolling Huts
Koyasan Guest House Kokuu
Yotel Hotels
The Dean Hotel Dublin
CitizenM
The Pod Hotel
Snoozebox

Please note: The report will take approximately 2 business days to prepare and deliver.