Middle East & Africa Alternative Accommodation Market Size & Outlook
Related Markets
MEA alternative accommodation market highlights
- The MEA alternative accommodation market generated a revenue of USD 7,341.0 million in 2021.
- The market is expected to grow at a CAGR of 17.3% 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.
- Country-wise, South Africa is expected to register the highest CAGR from 2022 to 2030.
MEA data book summary
| Market revenue in 2021 | USD 7,341.0 million |
| Market revenue in 2030 | USD 30,801.9 million |
| Growth rate | 17.3% (CAGR from 2021 to 2030) |
| Largest segment | Home |
| Fastest growing segment | Apartments/Condominium |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Home, Apartments/Condominium, Alternative Accommodation & Camping, Hostel |
| Key market players worldwide | Trivago 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, MEA region accounted for 5.8% of the global alternative accommodation market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 141,890.8 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Alternative Accommodation Market Scope
Alternative Accommodation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Holidu | View profile | 501-1000 | Munich, Bayern, Germany, Europe | http://www.holidu.com |
| HomeToGo | View profile | 501-1000 | Berlin, Berlin, Germany, Europe | https://www.hometogo.com/ |
| Tripadvisor Inc | View profile | 2829 | 400 1st Avenue, Needham, MA, United States, 02494 | https://www.tripadvisor.com |
| Trip.com Group Ltd | View profile | 36249 | 968 Jin Zhong Road, Shanghai, China, People's Republic of, 200335 | https://www.ctrip.com |
| Wyndham Hotels & Resorts Inc Ordinary Shares | View profile | 2300 | 22 Sylvan Way, Parsippany, NJ, United States, 07054 | https://www.wyndhamhotels.com |
| MakeMyTrip Ltd | View profile | 4090 | DLF Cyber City, DLF Phase 2, 19th Floor, Building No. 5, Tower B, Sector 25, Gurugram, HR, India, 122002 | https://www.makemytrip.com |
| Expedia Group Inc | View profile | 17100 | 1111 Expedia Group Way W, Seattle, WA, United States, 98119 | https://www.expediagroup.com |
| Booking Holdings Inc | View profile | 23600 | 800 Connecticut Avenue, Norwalk, CT, United States, 06854 | https://www.bookingholdings.com |
| Airbnb Inc Ordinary Shares - Class A | View profile | 6907 | 888 Brannan Street, San Francisco, CA, United States, 94103 | https://www.airbnb.com |
| Trivago NV ADR | View profile | 651 | Kesselstrasse 5 - 7, Dusseldorf, NW, Germany, 40221 | https://www.trivago.com |
Middle East & Africa 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 35.88% in 2021. Horizon Databook has segmented the Middle East & Africa 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 Middle East & Africa alternative accommodation market databook
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Our clientele includes a mix of alternative accommodation market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 continent-level data and insights on the Middle East & Africa alternative accommodation market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa alternative accommodation market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA alternative accommodation market size, by country, 2017-2030 (US$M)
Middle East & Africa Alternative Accommodation Market Outlook Share, 2021 & 2030 (US$M)
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