28th November,
2018- Capsule
Hotels Market is a small box type hotel which was introduced in
Japan in 1979. Capsule hotels are designed to provide affordable and
inexpensive accommodation to customers who are expected to avail basic
overnight accommodation and do not require high value-added services provided
by other conventional hotels. The global capsule hotels market is segmented on
the basis of shape, bed and geography. The rooms include a television, electric
components, Wi-Fi connectivity and are available in varied sizes.
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The size varies from 50 to 700
capsules in a hotel. Increase in demand for hotels available at an economic
price is anticipated to expand the growth of capsule hotel market during the
forecast period. The price of capsule hotel rooms varies from $18 to $40 per
night. In addition, increase in travel & tourism in the region is
anticipated to create more demand for capsule hotels in the Asia Pacific
region.
It is reported that that
majority of travelers focus on spending the night at hotels with simple
accommodation, which is expected to boost the growth of capsule hotels market
globally. Capsule hotels became popular in Tokyo because of sky-high property
values and limited space in the metropolis. The capsules are stacked
side-by-side, two units high, with steps providing access to the second level
rooms, leading to comparisons to corpse drawers in a morgue. The open end of
the capsule can be closed, for privacy, with a curtain or a fibreglass door.
Luggage is stored in a locker and washrooms are communal. Guests are asked not
to smoke or eat in the capsules. Some capsule hotels offer separate sections
for male and female guests. This style
of hotel has not gained wide popularity outside Japan, although Western
variants known as “pod hotels” have been developed with larger accommodations
and often private baths.
On the basis of shape, the
global capsule hotels market is segmented into vertical and horizontal. On the
basis of bed, the global capsule hotels market is segmented into single and
double. On the basis of geography, the global capsule hotels market is
segmented into Latin America, Middle East & Africa, North America, Japan,
Singapore, Australia, Europe and Asia Pacific. The key players of global
capsule hotels market are Tokyo Ginza Bay Hotel, Super Hotel, Capsule Inn
kamata, Wink Hotel, Vintage Inn and Shinjuku Kuyakusho-mae Capsule Hotel.
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