Pet Hotels Market Size
| Study Period | 2020 - 2029 |
| Market Size (2024) | USD 5.54 Billion |
| Market Size (2029) | USD 8.25 Billion |
| CAGR (2024 - 2029) | 8.29 % |
| Fastest Growing Market | Asia |
| Largest Market | North America and Europe |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Pet Hotels Market Analysis
The Pet Hotels Market size is estimated at USD 5.54 billion in 2024, and is expected to reach USD 8.25 billion by 2029, at a CAGR of 8.29% during the forecast period (2024-2029).
The pet hotels market has experienced significant growth, driven by rising pet ownership and increased spending on pet care services. As more households adopt pets, the demand for specialized accommodations has surged, reflecting a shift in consumer preferences toward premium and personalized care. Pet hotels now offer a range of services, including boarding, grooming, training, and daycare, catering to various animal types, primarily dogs and cats.
Luxury pet hotels have emerged, providing high-end amenities and services to pet owners willing to invest in their pets' comfort and well-being. The market is characterized by a growing number of establishments, from boutique hotels to larger chains, enhancing competition and service offerings. Moreover, the addition of technology, such as online booking platforms, has streamlined the reservation process, making it more convenient for pet owners.
Regional variations are evident, with North America and Europe leading in market size and innovation, while the Asia-Pacific region shows promising growth potential. Overall, the pet hotels market reflects a broader trend of humanization of pets, emphasizing the need for quality care and services that align with pet owners' lifestyles and preferences.
Pet Hotels Market Trends
Global Pet Hotels Market Expands Amid Growing Demand for Luxury Services
Global pet ownership trends highlight dogs as the most popular companions, with the majority of households owning at least one. Cats follow closely, underscoring their widespread appeal as adaptable and independent pets. Fish ownership is significantly lower, primarily attracting those who prefer low-maintenance pets or enjoy aquariums for their aesthetic and calming effects. These figures reflect the enduring bond humans share with pets, particularly dogs and cats, which often integrate seamlessly into family life across various cultures and living arrangements.
The growing pet ownership has significantly influenced related industries, particularly the pet hotels market. A prominent trend is the rise of luxury pet hotels catering to the increasing demand for high-quality pet care services. These establishments offer premium amenities, such as spa treatments, gourmet meals, and tailored exercise programs, ensuring pets receive personalized attention during their stay. Advanced features, including live video streaming, allow owners to monitor their pets remotely, providing peace of mind. This trend underscores the humanization of pets, as owners increasingly prioritize their well-being and comfort, mirroring the care and indulgence often reserved for family members. The growing popularity of such services reflects a broader shift toward elevated standards in pet care.
Tech Integration in Pet Hotels Boosting North American Market Growth
North America leads the global pet hotel market, holding a significant share due to high pet ownership rates, robust disposable incomes, and a well-established pet care industry. Pet owners in the region increasingly seek premium services, such as luxury accommodations and personalized care, propelling market growth.
A notable trend in North America is the growing integration of technology in pet hotels. Many establishments now offer advanced features like live-streaming cameras, automated feeding systems, and app-based booking and monitoring, providing convenience and reassurance for pet owners. This focus on innovation enhances the overall experience for both pets and their owners, reinforcing the region’s dominance in the pet hotel market.
Pet Hotels Industry Overview
The global pet hotel market is fragmented, comprising a mix of established brands and smaller regional providers.
Key players like A Place for Rover, Inc. connect pet owners with trusted caregivers, while Swifto Inc. emphasizes technology-driven dog walking services. Luxury accommodations are offered by Paradise 4 Paw, known for premium amenities and airport proximity. Posh Pet Hotel caters to upscale clientele with high-end suites and spa treatments, enhancing the pet care experience. Additionally, Old Towne Pet Resort stands out for its commitment to quality boarding and grooming services, appealing to pet owners seeking exceptional care for their furry companions.
Pet Hotels Market Leaders
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A Place for Rover, Inc
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Swifto Inc.
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Paradise 4 Paws
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Posh Pet Hotel
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Old Towne Pet Resort
*Disclaimer: Major Players sorted in no particular order
Pet Hotels Market News
- October 2024: Rover acquired Cat In A Flat, a cat-sitting marketplace, enhancing its European presence in Switzerland, Belgium, Austria, and Ireland. The partnership aims to better serve cat parents’ needs and expand Rover’s growing customer base in Europe. Cat In A Flat will continue to operate under its own brand.
- July 2024: Zappos and Rover launched a co-branded online shoe shop tailored for dog walkers. The "Rover-Approved Dog Walking Shoe Shop" offers a variety of footwear types based on a survey of dog owners. The collaboration also features pet apparel and accessories, promoting a gift card giveaway for customers.
Pet Hotels Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of Study
2. RESEARCH METHODOLOGY
3. EXCEUTIVE SUMMARY
4. MARKET INSIGHTS AND DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Pet Ownership
4.2.2 Evolving Pet Care Trends
4.3 Market Restraints/ Challenges
4.3.1 High Operational Costs
4.3.2 Regulatory and Licensing Challenges
4.4 Market Opportunities And Future Trends
4.4.1 Growing Pet Ownership and Humanization of Pets
4.4.2 Expanding Market for Pet-Friendly Travel
4.5 Value Chain/ Supply Chain Analysis
4.6 Porters Five Forces Analysis
4.6.1 Threat of new Entrants
4.6.2 Bargaining Power of Buyers/ Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
4.7 Insights on Consumer Buying Behaviour
4.8 Insights on Governmental Regulations
4.9 Insights on Technological Disruption
4.10 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Type of Accommodation
5.1.1 Luxury Pet Hotels
5.1.2 Standard Pet Hotels
5.1.3 Boutique Pet Hotels
5.2 By Animal Type
5.2.1 Dogs
5.2.2 Cats
5.2.3 Other Pets
5.3 By Services Offered
5.3.1 Boarding Services
5.3.2 Grooming Services
5.3.3 Training Services
5.3.4 Daycare Services
5.4 By Distribution Channel
5.4.1 Online
5.4.2 Offline
5.5 By Region
5.5.1 North America
5.5.2 Europe
5.5.3 Asia-Pacific
5.5.4 Middle East and Africa
5.5.5 Latin America
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 A Place for Rover, Inc
6.2.2 Swifto Inc.
6.2.3 Paradise 4 Paws
6.2.4 Posh Pet Hotel
6.2.5 Old Towne Pet Resort
6.2.6 The Barkley
6.2.7 Wag Hotels
6.2.8 PetBacker
6.2.9 Pacific Pet Resort
6.2.10 We Love Pets
- *List Not Exhaustive
7. FUTURE OF THE MARKET
8. DISCLAIMER
9. ABOUT US
Pet Hotels Industry Segmentation
The pet hotels market is defined as businesses providing specialized accommodations and care services for pets, primarily dogs and cats. These establishments offer boarding, daycare, grooming, and training, catering to pet owners seeking reliable and high-quality care during their absence, reflecting the growing humanization of pets.
The pet hotels market is segmented by type of accommodation, animal type, services offered, distribution channel, and region. By type of accommodation, the market is segmented into luxury pet hotels, standard pet hotels, and boutique pet hotels. By animal type, the market is segmented into dogs, cats, and other pets. By services offered, the market is segmented into boarding services, grooming services, training services, and daycare services. By distribution channel, the market is segmented into online, offline, and direct (phone) bookings. By region, the market is segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. The report offers market size and forecasts in terms of value (USD) for all the above segments.
| By Type of Accommodation | |
| Luxury Pet Hotels | |
| Standard Pet Hotels | |
| Boutique Pet Hotels |
| By Animal Type | |
| Dogs | |
| Cats | |
| Other Pets |
| By Services Offered | |
| Boarding Services | |
| Grooming Services | |
| Training Services | |
| Daycare Services |
| By Distribution Channel | |
| Online | |
| Offline |
| By Region | |
| North America | |
| Europe | |
| Asia-Pacific | |
| Middle East and Africa | |
| Latin America |
Pet Hotels Market Research FAQs
How big is the Pet Hotels Market?
The Pet Hotels Market size is expected to reach USD 5.54 billion in 2024 and grow at a CAGR of 8.29% to reach USD 8.25 billion by 2029.
What is the current Pet Hotels Market size?
In 2024, the Pet Hotels Market size is expected to reach USD 5.54 billion.
Who are the key players in Pet Hotels Market?
A Place for Rover, Inc, Swifto Inc., Paradise 4 Paws, Posh Pet Hotel and Old Towne Pet Resort are the major companies operating in the Pet Hotels Market.
Which is the fastest growing region in Pet Hotels Market?
Asia is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Pet Hotels Market?
In 2024, the North America and Europe accounts for the largest market share in Pet Hotels Market.
What years does this Pet Hotels Market cover, and what was the market size in 2023?
In 2023, the Pet Hotels Market size was estimated at USD 5.08 billion. The report covers the Pet Hotels Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Pet Hotels Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Pet Hotels Industry Report
Statistics for the 2024 Pet Hotels market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Pet Hotels analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
