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Independent Lodgings Market

Market Insights on Independent Lodgings covering sales outlook, demand forecast & up-to-date key trends

Independent Lodgings Market by Hotel Type, Tourist, Age Group & Region - Forecast 2022 - 2032

Independent lodgings Market Outlook – 2022-2032

[250 Pages Report] As per newly released data by Future Market Insights (FMI), the Independent Lodgings Market is estimated at US$ 206 Billion in 2022 and is projected to reach US$ 222.0 Billion by 2032, at a CAGR of 11% from 2022 to 2032.

Attribute

Details

Independent Lodgings Market Estimated Size (2022)

US$ 206 Billion

Independent Lodgings Market Projected Size (2032)

US$ 222.0 Billion

Independent Lodgings Market Value-based CAGR (2022-2032)

11%

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2017-2021 Independent lodgings Market Outlook Compared to 2022-2032 Forecast

The independent lodging tourism market is forecasted to grow at a steady rate during the forecast period. The growth can be attributed to several reasons both international and domestic. These hotels can directly target greater flow of guests at much high market share than other franchise hotels. In addition, a franchise has to face the task of running hundreds of hotels. Independent lodgings can simply be mindful of standardizing the procedures for enhancing their performance. They may not have central hierarchy system. In the case of chain hotels, they all runs under the same brand and have to maintain the same quality in every hotel. So there is not much scope of innovation in chain hotels, since they all maintain the same quality. This means that there are no changes that a chain hotel can offer for people who stay there regularly. Independent lodgings can adapt to local dwelling environments. They have a unique identity that makes them stand apart from chain hotels. They have freedom to be creative and innovative.

The Trend of Independent Lodgings gives Rise in competition with Franchise Hotel in Hotel Tourism market

Franchise Hotels have their hotels in different cities and different countries. These hotels have their control in the hand of the central system. They have a general manager to operate each hotel. These managers do not have enough right to make policies for the hotel. They have to follow the guidelines of the central system. While in the case of independent lodgings management spend their time on it. They are more devoted to planning for a hotel/ They can utilize resources more optimally and management can focus on improving the performance of hotel more effectively than a franchise. They are free adopt any type of innovation in their hotels.

Amenitiz is an all-in-one solution centralizing all the tools an independent hotelier needs to run his hotel and boost direct bookings.

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Principal Consultant
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Use of social media to Boosting the Travel Market

Hotels need social media to attract new guests. You need to provide your hotel with what it wants and use of social media to provide content that tells a story and can inspire guests to make your hotel their destination. You should post that will allow your new guests to find out if what you offer is really what you advertise. You can communicate with them with interesting information, beautiful imaginary, and informative videos. Even you can hire influencers it’s not necessary to be celebrities who have significant community or followers and friends who can influence your customers via social media like Facebook, Instagram, Twitter.

Country-wise Insight

Why is USA popular for Independent Lodgings?

“Variety of hotels and motels in the USA and the hotel industry collect great revenue from hotel industry “

Independent hotel has become more important to the hotel and tourism industry, and they will continue to grow, according to the Lodging Automation Industry Research. Independent collections have become the growing sector, whereas chains, which have been outperforming independently.

There are over 91,000 hotels and motels in the us. The main industry players must stay alert for what else may impact the industry after the pandemic. After the pandemic the market size of the hotels and motel industry in the USA increased faster by the economy overall. The average market grows from 2022 to 2023 is 11% CAGR.

What Factor Drives the Independent Lodgings market?

“Film festivals are the major driving factor in the France Film Tourism market”

It is important for an independent hotel to ensure that their guests leave with a warm and inviting environment. This could be done by using technology that lets the guests feel as if they are on their home. For independent hoteliers, this could include things like allowing guests to use all of the rooms with minimal fees. By not charging dues it ensures that at least some of the guests could afford the stay. Hoteliers, could maintain the personal touch, stand out from the crowd, memorable yet affordable experience, attracting the best talent, digital discount wars, guest satisfaction is of utmost importance.

The popularity of Independent Lodgings in the United States of America?

These numbers show the taking off ubiquity of autonomous lodgings among explorers — however not just that. The rising progress of the present free convenience and housing suppliers additionally lets us know that the hoteliers behind these properties are adjusting to changes in voyager conduct and inn promoting channels. They're getting on the web, and they're embracing innovation. Also, that is the way these well informed free thinkers benefit from explorers' proceeded with energy and interest for the special inn encounters they offer. “Innovation has made everything fair by permitting more modest lodgings to play large through admittance to top notch advertising, income the board, internet business and cutthroat bits of knowledge apparatuses and advancements,"

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Category-wise Insights

Which is the most preferred Type of stay in the Independent Lodgings sector?

“Hotels are the most preferred type of stay in the Independent Lodgings sector”

Typically, hotels are the most popular type of accommodation for tourists. As a hotelier, you can run your hotel independently, or join a corporation, making your hotel a part of a global chain. Whichever form your hotel takes, you need to understand its rankings to attract tourists. The size, type of amenities, location, and price of your hotel determine its rating, which ranges on a scale between 1-5 stars. The higher the number, the better the hotel performing. Those that open their doors for lodging are welcoming visitors. Hoteliers need to provide them accommodation and entertainment activities.

Which Booking Channel is Preferred by the Consumers in the Independent Lodgings Market?

“Online booking channels lead the booking channel segmentation”

The growth of the online booking channel has originated due to the ease of use of online and the online presence of advertised firms. Today, it is the most preferred channel for the booking of a tour. People appreciate the hassle free experience as well as decent number of tour options found in the online channel. These factors are expected to increase the adoption of this channel for online booking in future.

What Tour Type is Famous Amongst Tourists in the Independent Lodging sector?

“Packaged Traveler is the most prominent category”

Commonly, packaged travellers are made up of people who buy travel tours with certain locations planned within the tour package. They are less likely to book tours separately, buy tour packages separately or customize tours. Having packages built by travel agencies helps these customers save money, effort, and time by buying them in bulk and they also find the tour package attractive. They are now the majority segment in the hotel tour type sector.

Competitive Landscape

The market leaders are continuously diversifying to stay ahead of their competitors, with some offering all-inclusive tour packages to keep tourists from cluttering around, and others, by way of initiatives by the government and promotions, improving their service offerings

For Instance:

  • The Ministry of Tourism of India launched a new scheme the “Dekho Apna Desh” initiative in April 2020 to provide information on many religious and historical destinations of India. In September 2021, the Indian government also revising a tourism policy to attract more travellers into the country.

Scope of Report

Attribute

Details

Forecast Period

2022-2032

Historical Data Available for

2017-2021

Market Analysis

US$ Billion for Value

Key Regions Covered

North America, Latin America, Europe, East Asia, South Asia, Oceania & MEA.

Key Countries Covered

United States, Canada, Brazil, Mexico, Germany, U.K., France, Spain, Italy, Russia, Benelux, South Africa, Northern Africa, GCC Countries, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia & New Zealand.

Key Segments Covered

Type of hotels, Booking Channel, Tourist Type, Tour Type, Consumer Orientation, Age Group, and Region

Key Companies Profiled

  • Karaman Group Hotel
  • Grand Palace Hotel Hannover
  • Central-Hotel Kaiserhof
  • Palace Hotel Tokyo
  • Sandy Lane Hotel
  • Hotel Hassler Roma,

Report Coverage

Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Customization & Pricing

Available upon Request

The Independent Lodgings Sector by Category

By Type of Hotels:

  • Boutique
  • Luxury
  • Budget
  • Hostel
  • Design Hotel

By Booking Channel:

  • Phone Booking
  • Online Booking
  • In Person Booking

By Tourist Type:

  • Domestic
  • International

By Tour Type:

  • Independent Traveller
  • Package Traveller
  • Tour Group

By Consumer Orientation:

  • Men
  • Women

By Age Group:

  • 15-25 Years
  • 26-35 Years
  • 36-45 Years
  • 46-55 Years
  • 66-75 Years

Frequently Asked Questions

The Film Tourism market is currently valued at US$ 206 Billion in 2022.

The Independent Lodgings market is currently forecasted to grow at a rate of 11% CAGR during the forecast period.

Driving trends in the Independent Lodgings market are the increasing popularity of pop culture, and the ease of travel to such locations.

Leading players operating in the Independent Lodgings sector are Karaman Group Hotel, Grand Palace Hotel Hannover, Central-Hotel Kaiserhof, Palace Hotel Tokyo, Sandy Lane Hotel, Hotel Hassler Roma.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

        1.1.1. Who Is Travelling?

        1.1.2. How Much Do They Spend?

        1.1.3. Direct Contribution of Tourism To GDP

        1.1.4. Direct Contribution of Tourism To Employment

    1.2. Tourism Evolution Analysis

    1.3. FMI Analysis and Recommendations

2. Market Introduction

    2.1. Total Spending (US$ Mn) and Forecast (2022-2032)

    2.2. Number of Independent Lodgings Tourists (Mn) and Forecast (2022-2032)

    2.3. Total Spending Y-o-Y Growth Projections (2022-2032)

    2.4. Number of Independent Lodgings Tourists Y-o-Y Growth Projections

3. Global Tourism Industry Analysis

    3.1. Tourism Industry Overview

        3.1.1. Travel & Tourism Industry Contribution To Global GDP

            3.1.1.1. Business Spending v/s Leisure Spending

            3.1.1.2. Domestic v/s Foreign

            3.1.1.3. Direct, Indirect, and Induced

        3.1.2. Travel Market Contribution To Global Overall Employment

        3.1.3. Travel & Tourism Growth Rate

        3.1.4. Foreign Visitor Exports As Percentage of Total Exports

        3.1.5. Capital Investment In Travel & Tourism Industry

        3.1.6. Different Components of Travel & Tourism

        3.1.7. Global Tourism Industry Outlook

            3.1.7.1. Cultural Tourism

            3.1.7.2. Culinary Tourism

            3.1.7.3. Eco/Sustainable Tourism

            3.1.7.4. Sports Tourism

            3.1.7.5. Spiritual Tourism

            3.1.7.6. Wellness Tourism

            3.1.7.7. Others

4. Global Independent Lodging Market Dynamics

    4.1. Market Drivers & Opportunities

        4.1.1. The Trend of Cultural Tourism Gives Rise to Visitors in the Independent Lodgings Market

        4.1.2. Globalization of Content and Ease of Travel Boosting the Market.

        4.1.3. Others (during course study)

5. Market Background

    5.1. Top 10 Independent Lodgings Market Companies

    5.2. Macro-Economic Factors

        5.2.1. Global GDP Growth Outlook

        5.2.2. Global Industry Value Added

        5.2.3. Global Consumer Spending Outlook

        5.2.4. Global Direct contribution of Travel & Tourism to GDP

        5.2.5. Global Visitor Exports and International Tourist Arrivals

        5.2.6. Capital Investment In Travel & Tourism

        5.2.7. Top Tourism Spending Countries

    5.3. Forecast Factors - Relevance & Impact

6. Categorizing of Global Independent Lodgings Market 2021

    6.1. Introduction/ Key Findings

    6.2. Current Market Analysis By Hotel Type (% of Demand)

        6.2.1. Boutique

        6.2.2. Luxury

        6.2.3. Budget

        6.2.4. Hostel

        6.2.5. Design Hotel

    6.3. Current Market Analysis By Booking Channel (% of Demand)

        6.3.1. Phone Booking

        6.3.2. Online Booking

        6.3.3. In Person Booking

    6.4. Current Market Analysis By Tourist Type (% of Demand)

        6.4.1. Domestic

        6.4.2. International

    6.5. Current Market Analysis By Tour Type (% of Demand)

        6.5.1. Independent Traveller

        6.5.2. Tour Group

        6.5.3. Package Traveller

    6.6. Current Market Analysis By Consumer Orientation (% of Demand)

        6.6.1. Men

        6.6.2. Women

    6.7. Current Market Analysis By Age Group (% of Demand)

        6.7.1. 15-25 Years

        6.7.2. 26-35 Years

        6.7.3. 36-45 Years

        6.7.4. 46-55 Years

        6.7.5. 66-75 Years

    6.8. Current Market Analysis By Region (% of Demand)

        6.8.1. North America

        6.8.2. Latin America

        6.8.3. Europe

        6.8.4. East Asia

        6.8.5. South Asia

        6.8.6. Oceania

        6.8.7. MEA

    6.9. Key Findings, By Each Category

7. Categorizing of North America Independent Lodgings Market 2021

    7.1. Introduction/ Key Findings

    7.2. Current Market Analysis By Hotel Type (% of Demand)

        7.2.1. Boutique

        7.2.2. Luxury

        7.2.3. Budget

        7.2.4. Hostel

        7.2.5. Design Hotel

    7.3. Current Market Analysis By Booking Channel (% of Demand)

        7.3.1. Phone Booking

        7.3.2. Online Booking

        7.3.3. In Person Booking

    7.4. Current Market Analysis By Tourist Type (% of Demand)

        7.4.1. Domestic

        7.4.2. International

    7.5. Current Market Analysis By Tour Type (% of Demand)

        7.5.1. Independent Traveler

        7.5.2. Tour Group

        7.5.3. Package Traveler

    7.6. Current Market Analysis By Consumer Orientation (% of Demand)

        7.6.1. Men

        7.6.2. Women

    7.7. Current Market Analysis By Age Group (% of Demand)

        7.7.1. 15-25 Years

        7.7.2. 26-35 Years

        7.7.3. 36-45 Years

        7.7.4. 46-55 Years

        7.7.5. 66-75 Years

    7.8. Current Market Analysis By Country (% of Demand)

        7.8.1. US

        7.8.2. Canada

    7.9. Key Findings, By Each Category

8. Categorizing of Latin America Independent Lodgings Market 2021

    8.1. Introduction/ Key Findings

    8.2. Current Market Analysis By Hotel Type (% of Demand)

        8.2.1. Boutique

        8.2.2. Luxury

        8.2.3. Budget

        8.2.4. Hostel

        8.2.5. Design Hotel

    8.3. Current Market Analysis By Booking Channel (% of Demand)

        8.3.1. Phone Booking

        8.3.2. Online Booking

        8.3.3. In Person Booking

    8.4. Current Market Analysis By Tourist Type (% of Demand)

        8.4.1. Domestic

        8.4.2. International

    8.5. Current Market Analysis By Tour Type (% of Demand)

        8.5.1. Independent Traveler

        8.5.2. Tour Group

        8.5.3. Package Traveler

    8.6. Current Market Analysis By Consumer Orientation (% of Demand)

        8.6.1. Men

        8.6.2. Women

    8.7. Current Market Analysis By Age Group (% of Demand)

        8.7.1. 15-25 Years

        8.7.2. 26-35 Years

        8.7.3. 36-45 Years

        8.7.4. 46-55 Years

        8.7.5. 66-75 Years

    8.8. Current Market Analysis By Country (% of Demand)

        8.8.1. Brazil

        8.8.2. Mexico

        8.8.3. Argentina

        8.8.4. Colombia

        8.8.5. Rest of LA

    8.9. Key Findings, By Each Category

9. Categorizing of Europe Independent Lodgings Market 2021

    9.1. Introduction/ Key Findings

    9.2. Current Market Analysis By Hotel Type (% of Demand)

        9.2.1. Boutique

        9.2.2. Luxury

        9.2.3. Budget

        9.2.4. Hostel

        9.2.5. Design Hotel

    9.3. Current Market Analysis By Booking Channel (% of Demand)

        9.3.1. Phone Booking

        9.3.2. Online Booking

        9.3.3. In Person Booking

    9.4. Current Market Analysis By Tourist Type (% of Demand)

        9.4.1. Domestic

        9.4.2. International

    9.5. Current Market Analysis By Tour Type (% of Demand)

        9.5.1. Independent Traveler

        9.5.2. Tour Group

        9.5.3. Package Traveler

    9.6. Current Market Analysis By Consumer Orientation (% of Demand)

        9.6.1. Men

        9.6.2. Women

    9.7. Current Market Analysis By Age Group (% of Demand)

        9.7.1. 15-25 Years

        9.7.2. 26-35 Years

        9.7.3. 36-45 Years

        9.7.4. 46-55 Years

        9.7.5. 66-75 Years

    9.8. Current Market Analysis By Country (% of Demand)

        9.8.1. Germany

        9.8.2. Russia

        9.8.3. France

        9.8.4. Italy

        9.8.5. UK

        9.8.6. Rest of Europe

    9.9. Key Findings, By Each Category

10. Categorizing of East Asia Independent Lodgings Market 2021

    10.1. Introduction/ Key Findings

    10.2. Current Market Analysis By Hotel Type (% of Demand)

        10.2.1. Boutique

        10.2.2. Luxury

        10.2.3. Budget

        10.2.4. Hostel

        10.2.5. Design Hotel

    10.3. Current Market Analysis By Booking Channel (% of Demand)

        10.3.1. Phone Booking

        10.3.2. Online Booking

        10.3.3. In Person Booking

    10.4. Current Market Analysis By Tourist Type (% of Demand)

        10.4.1. Domestic

        10.4.2. International

    10.5. Current Market Analysis By Tour Type (% of Demand)

        10.5.1. Independent Traveler

        10.5.2. Tour Group

        10.5.3. Package Traveler

    10.6. Current Market Analysis By Consumer Orientation (% of Demand)

        10.6.1. Men

        10.6.2. Women

    10.7. Current Market Analysis By Age Group (% of Demand)

        10.7.1. 15-25 Years

        10.7.2. 26-35 Years

        10.7.3. 36-45 Years

        10.7.4. 46-55 Years

        10.7.5. 66-75 Years

    10.8. Current Market Analysis By Country (% of Demand)

        10.8.1. China

        10.8.2. Japan

        10.8.3. South Korea

    10.9. Key Findings, By Each Category

11. Categorizing of South Asia Independent Lodgings Market 2021

    11.1. Introduction/ Key Findings

    11.2. Current Market Analysis By Hotel Type (% of Demand)

        11.2.1. Boutique

        11.2.2. Luxury

        11.2.3. Budget

        11.2.4. Hostel

        11.2.5. Design Hotel

    11.3. Current Market Analysis By Booking Channel (% of Demand)

        11.3.1. Phone Booking

        11.3.2. Online Booking

        11.3.3. In Person Booking

    11.4. Current Market Analysis By Tourist Type (% of Demand)

        11.4.1. Domestic

        11.4.2. International

    11.5. Current Market Analysis By Tour Type (% of Demand)

        11.5.1. Independent Traveler

        11.5.2. Tour Group

        11.5.3. Package Traveler

    11.6. Current Market Analysis By Consumer Orientation (% of Demand)

        11.6.1. Men

        11.6.2. Women

    11.7. Current Market Analysis By Age Group (% of Demand)

        11.7.1. 15-25 Years

        11.7.2. 26-35 Years

        11.7.3. 36-45 Years

        11.7.4. 46-55 Years

        11.7.5. 66-75 Years

    11.8. Current Market Analysis By Country (% of Demand)

        11.8.1. India

        11.8.2. Malaysia

        11.8.3. Indonesia

        11.8.4. Thailand

        11.8.5. Philippines

        11.8.6. Cambodia

        11.8.7. Vietnam

        11.8.8. Rest of SA

    11.9. Key Findings, By Each Category

12. Categorizing of Oceania Independent Lodgings Market 2021

    12.1. Introduction/ Key Findings

    12.2. Current Market Analysis By Hotel Type (% of Demand)

        12.2.1. Boutique

        12.2.2. Luxury

        12.2.3. Budget

        12.2.4. Hostel

        12.2.5. Design Hotel

    12.3. Current Market Analysis By Booking Channel (% of Demand)

        12.3.1. Phone Booking

        12.3.2. Online Booking

        12.3.3. In Person Booking

    12.4. Current Market Analysis By Tourist Type (% of Demand)

        12.4.1. Domestic

        12.4.2. International

    12.5. Current Market Analysis By Tour Type (% of Demand)

        12.5.1. Independent Traveler

        12.5.2. Tour Group

        12.5.3. Package Traveler

    12.6. Current Market Analysis By Consumer Orientation (% of Demand)

        12.6.1. Men

        12.6.2. Women

    12.7. Current Market Analysis By Age Group (% of Demand)

        12.7.1. 15-25 Years

        12.7.2. 26-35 Years

        12.7.3. 36-45 Years

        12.7.4. 46-55 Years

        12.7.5. 66-75 Years

    12.8. Current Market Analysis By Country (% of Demand)

        12.8.1. Australia

        12.8.2. New Zealand

    12.9. Key Findings, By Each Category

13. Categorizing of Middle East and Africa Independent Lodgings Market 2021

    13.1. Introduction/ Key Findings

    13.2. Current Market Analysis By Hotel Type (% of Demand)

        13.2.1. Boutique

        13.2.2. Luxury

        13.2.3. Budget

        13.2.4. Hostel

        13.2.5. Design Hotel

    13.3. Current Market Analysis By Booking Channel (% of Demand)

        13.3.1. Phone Booking

        13.3.2. Online Booking

        13.3.3. In Person Booking

    13.4. Current Market Analysis By Tourist Type (% of Demand)

        13.4.1. Domestic

        13.4.2. International

    13.5. Current Market Analysis By Tour Type (% of Demand)

        13.5.1. Independent Traveler

        13.5.2. Tour Group

        13.5.3. Package Traveler

    13.6. Current Market Analysis By Consumer Orientation (% of Demand)

        13.6.1. Men

        13.6.2. Women

    13.7. Current Market Analysis By Age Group (% of Demand)

        13.7.1. 15-25 Years

        13.7.2. 26-35 Years

        13.7.3. 36-45 Years

        13.7.4. 46-55 Years

        13.7.5. 66-75 Years

    13.8. Current Market Analysis By Country (% of Demand)

        13.8.1. Turkey

        13.8.2. South Africa

        13.8.3. UAE

        13.8.4. Egypt

        13.8.5. Jordan

        13.8.6. Rest of MEA

    13.9. Key Findings, By Each Category

14. Competition Analysis

    14.1. Competition Dashboard

    14.2. Competition Benchmarking

    14.3. Competition Deep Dive

        14.3.1. Karaman Group Hotel

            14.3.1.1. Overview

            14.3.1.2. Service Portfolio

            14.3.1.3. Strategy Overview/campaigns

        14.3.2. Grand Palace Hotel Hannover

            14.3.2.1. Overview

            14.3.2.2. Service Portfolio

            14.3.2.3. Strategy Overview/campaigns

        14.3.3. Central-Hotel Kaiserhof

            14.3.3.1. Overview

            14.3.3.2. Service Portfolio

            14.3.3.3. Strategy Overview/campaigns

        14.3.4. Palace Hotel Tokyo

            14.3.4.1. Overview

            14.3.4.2. Service Portfolio

            14.3.4.3. Strategy Overview/campaigns

        14.3.5. Sandy Lane Hotel

            14.3.5.1. Overview

            14.3.5.2. Service Portfolio

            14.3.5.3. Strategy Overview/campaigns

        14.3.6. Hotel Hassler Roma,

            14.3.6.1. Overview

            14.3.6.2. Service Portfolio

            14.3.6.3. Strategy Overview/campaigns

        14.3.7. Other Players (As Per Request)

            14.3.7.1. Overview

            14.3.7.2. Service Portfolio

            14.3.7.3. Strategy Overview/campaigns

15. Social Media Sentimental Analysis

    15.1. Social Media Platforms Preferred

        15.1.1. Facebook

        15.1.2. YouTube

        15.1.3. Instagram

        15.1.4. Twitter

        15.1.5. LinkedIn

        15.1.6. Pinterest

        15.1.7. Google+

        15.1.8. Others

    15.2. Perceptions on the Proposed Independent Lodgings Market Tour Package

    15.3. Consumer Perception for Destinations On Social Media Platforms-Positive and Negative Mentions

    15.4. Trending #Hashtags

    15.5. Social Media Platform Mentions (% of Total Mentions)

    15.6. Region-Wise Social Media Mentions (% of Total Mentions)

    15.7. Trending Subject Titles

16. Assumptions and Acronyms Used

17. Research Methodology

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Independent Lodgings Market