Capsule Hotels Market 2018-2026 | Size, Share and Forecast | Credence Research

The capsule hotels market registered market value of US$ 167.07 Mn in 2017 and estimated to grow with a CAGR of 6.3% during the forecast period from 2018 to 2026.

SANJOSE, United States - March 22, 2019 /MarketersMedia/ —

According to a new market research report published by Credence Research "Capsule Hotels Market- Growth, Future Prospects, and Competitive Landscape, 2018-2026," the capsule hotel market recorded a market value of US$ 167.07 million in 2017 and is estimated to grow with a CAGR of 6.3% over the forecast period from 2018 to 2026.

/By Type: Side-by-side, Separate Capsules
/By Number of Capsule: Up to 50, From 50 to 100, and Above 100

Market Insights
The concept of capsule hotel was introduced in 1979 in the city of Osaka in Japan's Kansai region and on Honshu Island. Capsule hotels were the literal symbols of practicality and efficiency in Japan. Since its inception, capsule hotels have come a long way and are gaining popularity not only in Japan and other Asia Pacific countries, but around the globe. Modern-day travelers are becoming frugal in spending on hotels and want only the basic amenities from their accommodation. Not only travelers, but even corporates prefer to board a capsule hotel compared to any other luxurious hotels in order to reduce their business travel budgets.

The complete report is available at https://www.credenceresearch.com/report/capsule-hotels-market

Growing trend of traveling on shoestring budget certainly encouraged the demand for capsule hotels. Hospitality industry is witnessing a rapid proliferation from the last few decades and the revolution is expected to proliferate even further in the coming years. The listing of capsule hotels on travel and third-party booking websites helped the capsule hotel market to grow at a considerable pace. Growth is primarily attributed to the Asia Pacific region, particularly in Japan, China, Singapore and Taiwan. However, growth is not limited to the aforementioned countries alone. A significant increase in capsule hotels is observed in European countries such as the UK and Russia. Besides, new ventures in the United States are also encouraging growth of capsule hotels market worldwide and expected to reach new highs of market value in coming years.

Competitive Insights
The research analysis covers exhaustive analysis of leading capsule hotels manufacturing companies including Shinjuku Kuyakusho-mae Capsule Hotel, Enaka Asakusa Central Hostel, Nihonbashi Muromachi BAY HOTEL, Tokyo Ginza BAY HOTEL, Oak Hostel Fuji, NADESHIKO HOTEL SHIBUYA, Capsule Value Kanda, Nine Hours Shinjuku-north, The Wink Hotel, inBox Capsule Hotel, CityHub Amsterdam, Pengheng Space Capsules Hotel, The Skylodge Adventure Suites, Capsule Hotel Rumor Plaza, and Tubotel. Capsule hotel companies and owners are revolutionizing overall hospitality industry by providing a cost-effective & flexible way in an experimental design to travelers.

These companies are mushrooming new ventures all across the globe with innovative, comfortable, and practical capsules or sleeping pods. Attracting more and more guests to this relative novice concept is one of the prime objectives for hotel companies and their efforts have started to show colors of growth in past few years. The market is highly competitive in Asia Pacific and especially in Southeast Asia. However, tremendous growth opportunities are waiting for these companies to expand their business in North America, Europe and Rest of the World. Hotel companies are sure to face stiff competition in coming years with new entrants buckling up to enter into the market.

Get Sample (Free) @ https://www.credenceresearch.com/sample-request/59589

ToC:
1. Preface
.............
2. Executive Summary
..............
3. Global Capsule Hotels Market Analysis
................
4. Global Capsule Hotels Market Value, by Type, 2016 – 2026 (US$ Mn)
4.1. Overview
4.1.1. Global Capsule Hotels Market Value Share, by Type, 2017 & 2026 (Value %)
4.1.2. Global Capsule Hotels Market Value, by Type, 2016 - 2026 (US$ Mn)
4.2. Side-by-side
4.2.1. Global Side-by-side Capsule Hotels Market, 2016 – 2026 (US$ Mn)
4.3. Separate Capsule
4.3.1. Global Separate Capsule Hotels Market, 2016 – 2026 (US$ Mn)

5. Global Capsule Hotels Market Value, by Number of Capsules, 2016 – 2026 (US$ Mn)
5.1. Overview
5.1.1. Global Capsule Hotels Market Value Share, by number of capsules, 2017 & 2026 (Value %)
5.1.2. Global Capsule Hotels Market Value, by number of capsule, 2016 - 2026 (US$ Mn)

6. North America Capsule Hotels Market Analysis, 2016 – 2026 (US$ Mn)
...........
7. Europe Capsule Hotels Market Analysis, 2016 – 2026 (US$ Mn)
...........
8. Asia Pacific Capsule Hotels Market Analysis, 2016 – 2026 (US$ Mn)
............
9. Rest of World (RoW) Capsule Hotels Market Analysis, 2016 – 2026 (US$ Mn)
.............
10. Company Profiles
10.1. Shinjuku Kuyakusho-mae Capsule Hotel
10.2. Enaka Asakusa Central Hostel
10.3. Nihonbashi Muromachi BAY HOTEL
10.4. Tokyo Ginza BAY HOTEL
10.5. Oak Hostel Fuji
10.6. NADESHIKO HOTEL SHIBUYA
10.7. Capsule Value Kanda
10.8. Nine Hours Shinjuku-north
10.9. The Wink Hotel
10.10. inBox Capsule Hotel
10.11. CityHub Amsterdam
10.12. Pengheng Space Capsules Hotel
10.13. The Skylodge Adventure Suites
10.14. Capsule Hotel Rumor Plaza
10.15. Tubotel
.......................toc continued

The complete report is available at https://www.credenceresearch.com/report/capsule-hotels-market

About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.

Contact Info:
Name: Chris Smith
Email: Send Email
Organization: Credence Research
Address: 105 N 1st ST #429, SAN JOSE,, CA 95103, United States
Phone: 18003618290
Website: https://www.credenceresearch.com

Source URL: https://marketersmedia.com/capsule-hotels-market-2018-2026-size-share-and-forecast-credence-research/494771

Source: MarketersMedia

Release ID: 494771

More Press Releases

Stocks edge higher; S&P 500 heads for another week of gains

Sep 23, 2019

NEW YORK — U.S. stocks edged higher in early trading on Friday as most sectors of the market posted small gains. The S&P 500 rose 0.3% to 3,014 and is within 12 points of all-time high. The index is headed for a fourth straight weekly gain, even after some volatility during the week caused by volatile oil prices and the Federal Reserve's latest interest rate cut. Health care and technology stocks are leading the gains. Big pharmaceutical companies, including Pfizer and Merck were among the biggest winners. Tech giant Apple also made solid gains. Bank stocks rose as bond yields...

Japan central bank stands pat after Fed rate cut

Sep 23, 2019

TOKYO — Japan's central bank opted Thursday to keep its monetary policy unchanged despite the growing signs of trouble that prompted the Federal Reserve to cut its benchmark rate. The Bank of Japan said in its policy statement that exports, industrial output and business sentiment had been affected by the slowdown in overseas markets. The China-U.S. tariff war has pummeled Japan's exports. But the BOJ said strong corporate profits were supporting business investment. The Federal Reserve reduced its key short-term rate — which influences many consumer and business loans — by a quarter-point to a range of 1.75%-2% on Wednesday....

Oil price drops on hopes for quick recovery of Saudi output

Sep 23, 2019

LONDON — The price of oil is falling back further after the Saudi government said half of production that was knocked out by an attack over the weekend had already had been restored. Benchmark U.S. crude was down 42 cents to $58.92 per barrel in electronic trading Wednesday. The contract fell $3.56 on Tuesday. Brent crude, the international benchmark, fell 27 cents to $64.28 per barrel in London, having dropped $4.47 the previous session. The attack on oil producer Saudi Aramco's processing facility in Abqaiq saw crude surge more than 14% on Monday, about as much as it did when...

Stocks mixed, oil down as markets await news on Saudi plant

Sep 23, 2019

BANGKOK — World shares were mixed on Tuesday and oil prices eased back pending updates on restoring output at a Saudi Aramco oil processing plant damaged by an attack over the weekend. Chinese benchmarks led declines in Asia after the credit ratings agency Moody's downgraded Hong Kong, citing its recent political turmoil. Germany's DAX lost 0.2% to 12,362 after the ZEW index showed a drop in investor confidence in current economic conditions, pointing to the possibility of a brief recession, but sees a pick-up later in the year. The CAC 40 in Paris added 0.1% to 5,607 and the FTSE...

Markets Right Now: Stocks fall as oil prices spike

Sep 23, 2019

NEW YORK — The latest on developments in financial markets (all times local): 4 p.m. Stocks are closing lower Monday as a spike in oil prices raises fresh worries about the strength of the global economy. The U.S. and international benchmarks for crude oil each rose more than 14% after a weekend attack on oil facilities in Saudi Arabia. Shares of oil producers jumped, with Marathon Oil gaining 11.5%. Companies in fuel-dependent industries fell. American Airlines dropped 7.3% and Carnival Corp. slipped 3.2%. The Dow Jones industrials fell 142 points, or 0.5%, to 27,076, breaking an eight-day win streak. The...

Subscribe to our newsletter!

Your Name

Your Email Address