Dormitories, Off Campus Establishments Global Market Briefing 2017

Dormitories, Off Campus Establishments Global Market Briefing 2017

  • December 2016 •
  • 35 pages •
  • Report ID: 4442205 •
  • Format: PDF
Dormitories, Off Campus Establishments provide sleeping and residential quarters for large numbers of people, often college or university students. These are halls located away from university facilities and sometimes have extra amenities such as a recreation room or bar. They may also contain basic kitchen facilities for students.

The Americas was the x largest geographic region in the Dormitories, Off Campus Establishments market in 2016, accounting for $x billion or x% of the global market. Asia was the x largest geographic market, accounting for $x billion or x% of the global market.Europe was the x largest geographic market, accounting for $x billion or x% of the global market. The Middle East and Africa accounted for x% and $x billion, while Oceania accounted for x% of the global Dormitories, Off Campus Establishments market.

Developers and designers are beginning to focus on creating micro-housing units that provide housing options near universities at a reasonable price. Micro housing provides students with miniature spaces set up for sleeping, study and preparing simple meals. With the rise in the student enrollment and worker population, micro unit houses give students’ and workers’ access to affordable accommodation. Many cities and countries are experimenting with micro-housing to meet the growing demand for affordable student and worker accommodation. For example, University Student Living of The Michaels Organization is currently developing micro units near Boston University between 325 and 400 square feet each offering a private kitchen and bathroom .