The Europe Capsule Hotel Market is projected to 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 is forecast to continue being a dominant market till 2031; thereby, achieving a market value of $13.39 millions by 2031. The UK market is exhibiting a CAGR of 6.5% during (2024 - 2031). Additionally, The France market is projected to experience a CAGR of 8.8% during (2024 - 2031).
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.
The Germany market dominated the Europe Capsule Hotel Market by Country in 2023, and is forecast to continue being a dominant market till 2031; thereby, achieving a market value of $13.39 millions by 2031. The UK market is exhibiting a CAGR of 6.5% during (2024 - 2031). Additionally, The France market is projected to experience a CAGR of 8.8% during (2024 - 2031).
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.
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
Market Report Segmentation
By Booking Mode- Offline Booking
- Online Booking
- Generation Y
- Generation Z
- Generation X
- Solo
- Group
- Germany
- UK
- France
- Russia
- Spain
- Netherlands
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Europe Capsule Hotel Market by Booking Mode
Chapter 5. Europe Capsule Hotel Market by Age Group
Chapter 6. Europe Capsule Hotel Market by Traveler Type
Chapter 7. Europe Capsule Hotel Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- 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
Methodology
LOADING...
