About Pet Hotels
Pet owners have today turned into pet parents as pets are now considered family members. This transition and increasing love for pets have subsequently raised the spending on pets. Today, pet owners demand the same luxurious life for their pets as they would want for their family members. With rising spending on pets by pet owners, vacations for pets like dogs, cats, and other exotic animals is gaining popularity. This is why the prominence of pet hotels has increased. Pet boarding and day-care terms are synonymously used for pet hotels. Pet hotels provide a varied range of pet services such as pet boarding, day-care services, grooming services, pet training, spas, entertainment services, and other services. Pet owners are now showing keen interest in vacations for their pets as they consider pets as four-legged children. This factor has played a significant role in driving the growth of pet hotels in the market
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The rising penetration of social media in these regions is further likely to boost market potential. Moreover, the players in the market are also seeking franchise opportunities, which in turn is expected to boost the sales of the pet hostels market during the forecast period. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Pet Hotels market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
D Pet Hotels (United States), Pacific Pet Resort (Australia), Camp Bow Wow (United States), Posh Pet Hotel (United States), The Barkley (United States), Best Friend Pet Care (United States), Old Towne Pet Resort (United States), The Ings Luxury Cat Hotels (United States) and Wag Hotels (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Pet Hotels market by Type (Dog Hotels, Cat Hotels and Other Exotic Animals) and Region.
On the basis of geography, the market of Pet Hotels has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Hotel Type, the sub-segment i.e. Economic hotels will boost the Pet Hotels market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Booking Mode, the sub-segment i.e. Offline Booking will boost the Pet Hotels market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organisation Size, the sub-segment i.e. Small and Medium Hotels will boost the Pet Hotels market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Trend of Customisation and Personalisation and Increasing Adoption of The Pet Hotels
Market Growth Drivers:
The Rising Number of Pets, The Rising Luxury Pet Obsession and Rising Disposable Income on Pet Care
Challenges:
Ongoing Pandemic Has Caused Fear of Keeping the Pets Away from Home
Restraints:
High Cost of Stay and Less Awareness in The Developing Regions
Opportunities:
Internet Penetration Is Increasing a Lot and Increasing Awareness About Furry Guests
In 2023, Camp Bow Wow launched "Seize the Play" . The Camp Bow Wow app, which is now available for iOS and Android, enables pet parents to register using their email address in order to effortlessly communicate with their choice Camp site and check in on their Campers while they play and mingle.
Key Target Audience
Manufacturers of Pet Hotels, Suppliers and distributors of Pet Hotels, Governmental and Regulatory bodies and End-Users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.