Europe Capsule Hotel Market

Europe Capsule Hotel Market Size, Share, Price, Segmentation Analysis, Growth Trends, Applications, Industry Players, Forecast, Competitive Analysis, PDF Report

Report Id: KBV-23393 Publication Date: July-2024 Number of Pages: 94
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Market Report Description

The Europe Capsule Hotel Market would witness market growth of 7.4% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Capsule Hotel Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $13,393.5 Thousands by 2031. The UK market is exhibiting a CAGR of 6.5% during (2024 - 2031). Additionally, The France market would experience a CAGR of 8.8% during (2024 - 2031).

Europe Capsule Hotel Market

Designed to maximize limited space, capsule hotels efficiently utilize floor areas by stacking sleeping pods vertically or arranging them in compact configurations. This space-efficient design allows hoteliers to optimize real estate investments in high-demand locations.

Moreover, as urbanization continues to increase, especially in major cities, the demand for convenient, centrally located accommodations has grown. Capsule hotels meet this demand by providing compact lodging solutions near business districts, tourist attractions, and transportation hubs.

The rising trend of solo travel among women in Europe significantly impacts the hospitality industry, including the market. According to the Ministry of Foreign Affairs, 63% of Italian women aged 18-65 have traveled alone to another country, along with 60% of German women. Additionally, 60% of women in the UK are planning trips in the coming years, with 16% having travel arrangements booked for the next two or three months.

Free Valuable Insights: The Global Capsule Hotel Market will Hit USD 359.8 Million by 2031, at a CAGR of 7.7%

Based on Booking Mode, the market is segmented into Offline Booking and Online Booking. Based on Age Group, the market is segmented into Generation Y, Generation Z, and Generation X. Based on Traveler Type, the market is segmented into Solo and Group. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Netherlands, and Rest of Europe.

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List of Key Companies Profiled

  • The Bed KLCC
  • PANGEA POD HOTEL
  • Riccarton Capsule Hotel
  • De Bedstee Capsules Hotel B.V.
  • nine hours Inc.
  • Book & Bed Tokyo (Atelier Book and Bed Co., Ltd.)
  • NADESHIKO HOTEL
  • The Capsule Hotel

Europe Capsule Hotel Market Report Segmentation

By Booking Mode

  • Offline Booking
  • Online Booking

By Age Group

  • Generation Y
  • Generation Z
  • Generation X

By Traveler Type

  • Solo
  • Group

By Country

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Netherlands
  • Rest of Europe
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