Learn about the global students and workers non-residential accommodation market through The Business Research Company, which provides information on students and workers non-residential accommodation market size, students and workers non-residential accommodation market drivers and restraints, students and workers non-residential accommodation market players, the COVID-19 impact on the students and workers non-residential accommodation market, and more.

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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%.

The rise in globalization is likely to boost investments and consequentially drive the market going forward.

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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.

Global students and workers non-residential accommodation market segments include:

By Type: Dormitories, Off Campus Establishments, Migrant Workers’ Camps

By Price Point: Economy, Mid-Range, Luxury

By Channel: Direct Sales, Distributor

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 was the largest region in the global students and workers non-residential accommodation market, accounting for 29% of the market in 2020.

Restaurants are 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.

TBRC’s students and workers non-residential accommodation market report covers:

Major Market Players: 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)

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, leading competitor revenues, profiles and market shares.

TBRC’s 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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