China Alternative Accommodation Market Size & Outlook

The alternative accommodation market in China is expected to reach a projected revenue of US$ 47,178.7 million by 2030. A compound annual growth rate of 17.4% is expected of China alternative accommodation market from 2022 to 2030.
Revenue, 2021 (US$M)
$11,160.7
Forecast, 2030 (US$M)
$47,178.7
CAGR, 2022 - 2030
17.4%
Report Coverage
China

China alternative accommodation market highlights

  • The China alternative accommodation market generated a revenue of USD 11,160.7 million in 2021 and is expected to reach USD 47,178.7 million by 2030.
  • The China market is expected to grow at a CAGR of 17.4% from 2022 to 2030.
  • In terms of segment, home was the largest revenue generating accommodation type in 2021.
  • Apartments/Condominium is the most lucrative accommodation type segment registering the fastest growth during the forecast period.


Alternative accommodation market data book summary

Market revenue in 2021USD 11,160.7 million
Market revenue in 2030USD 47,178.7 million
Growth rate17.4% (CAGR from 2021 to 2030)
Largest segmentHome
Fastest growing segmentApartments/Condominium
Historical data2017 - 2020
Base year2021
Forecast period2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHome, Apartments/Condominium, Alternative Accommodation & Camping, Hostel
Key market players worldwideTrivago NV ADR, Airbnb Inc Ordinary Shares - Class A, Booking Holdings Inc, Expedia Group Inc, MakeMyTrip Ltd, Wyndham Hotels & Resorts Inc Ordinary Shares, Trip.com Group Ltd, Tripadvisor Inc, HomeToGo, Holidu


Other key industry trends

  • In terms of revenue, China accounted for 8.8% of the global alternative accommodation market in 2021.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China alternative accommodation market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 21,425.5 million by 2030.

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Alternative Accommodation Market Scope

Alternative accommodation market segmentation & scope
Home
Apartments/Condominium
Alternative Accommodation & Camping
Hostel
Others
Online/Platform-based
Offline

Alternative Accommodation Market Companies

Name Profile # Employees HQ Website

China alternative accommodation market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to alternative accommodation market will help companies and investors design strategic landscapes.


Home was the largest segment with a revenue share of 37.72% in 2021. Horizon Databook has segmented the China alternative accommodation market based on home, apartments/condominium, alternative accommodation & camping, hostel covering the revenue growth of each sub-segment from 2017 to 2030.


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Target buyers of China alternative accommodation market databook

  • Our clientele includes a mix of alternative accommodation market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the China alternative accommodation market , including forecasts for subscribers. This country databook contains high-level insights into China alternative accommodation market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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China alternative accommodation market size, by accommodation type, 2017-2030 (US$M)

China Alternative Accommodation Market Outlook Share, 2021 & 2030 (US$M)

China alternative accommodation market size, by accommodation type, 2017-2030 (US$M)

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