Global Students And Workers Non-residential Accommodation Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Students And Workers Non-residential Accommodation Market Report by The Business Research Company Covers Students And Workers Non-residential Accommodation Market Drivers And Restraints, Students And Workers Non-residential Accommodation Market Size, Major Players, And The Impact Of COVID-19 On The Students And Workers Non-residential Accommodation Market.
The non-residential accommodation market consists of sales of non-residential accommodation services and related goods by entities (organizations, sole traders and partnerships) that operate rooming and boarding houses and similar facilities, such as off campus dormitories, residential clubs, and workers’ camps. These establishments provide temporary or longer-term accommodation, which, for the period of occupancy, may serve as a principal residence. These establishments also may provide complementary services, such as housekeeping, meals, and laundry services. The non-residential accommodation market is segmented into dormitories, off campus establishments and migrant workers’ camps.
Globalization is expected to pave the way for more joint ventures, foreign investments, global expansion and multi-national companies setting up facilities in high growth regions, thereby allowing restaurant operators to offer their cuisines to customers around the world.
The global students and workers non-residential accommodation market is expected to grow from $9.84 billion in 2020 to $10.64 billion in 2021 at a compound annual growth rate (CAGR) of 8.1%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $15.62 billion in 2025 at a CAGR of 10%.
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Some students and workers non-residential accommodation market trends include restaurants using menu engineering and restaurant reporting strategies to improve customers’ experience and improve profits. Separate menus for appetizers, entrées/main dishes, desserts, and beverages are giving servers an additional touch point to ask customers to add something to their order. Also, restaurant operators are analyzing customer preferences through data-driven approaches that enable restaurants to offer relevant choices to the customers at each point in the meal.
Global students and workers non-residential accommodation market segments include:
1) By Type: Dormitories, Off Campus Establishments, Migrant Workers’ Camps.
2) By Price Point: Economy, Mid-Range, Luxury.
3) By Channel: Direct Sales, Distributor.
4) By Mode of Booking: Online Bookings, Direct Bookings, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe accounts for the largest global students and workers non-residential accommodation market share.
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The Students And Workers Non-residential Accommodation Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides students and workers non-residential accommodation market overviews, analyzes and forecasts market size, share, students and workers non-residential accommodation market players, students and workers non-residential accommodation market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The students and workers non-residential accommodation market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Students And Workers Non-residential Accommodation Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Centurion Corporation, American Campus Communities, Education Realty Trust Inc, Unite Group Inc, Campus Crest Communities Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Students And Workers Non-Residential Accommodation Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Students And Workers Non-Residential Accommodation Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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