Capsule Hotels Market by Price Tier (Economy, Luxury, Midscale), Booking Channel (Direct Booking, Online Travel Agency), Customer Group - Global Forecast 2025-2032
Description
The Capsule Hotels Market was valued at USD 496.31 million in 2024 and is projected to grow to USD 549.40 million in 2025, with a CAGR of 10.46%, reaching USD 1,100.62 million by 2032.
A comprehensive orientation to the capsule hotel phenomenon that frames operational dynamics, guest expectations, and the strategic crossroads facing urban lodging operators
The capsule hotel concept has matured from a niche convenience offering into a versatile urban accommodation model that addresses evolving traveler expectations, densifying city centers, and cost-conscious operations. Over recent years operators have blended minimalist sleeping units with enhanced communal amenities, redefining what travelers expect from short-stay lodging. This has created a distinct operational profile in which space optimization, guest flow management, and amenity design are central to profitability and guest satisfaction.
As consumer preferences shift toward experiences that balance privacy with affordability, capsule properties now serve a diverse mix of customers including transit and business travelers seeking efficient stays, and leisure guests looking for novel and budget-friendly options. Concurrently, advances in modular construction, digital check-in, and micro-hotel service models have enabled faster rollouts and more consistent guest experiences. These operational and technological developments mean that today’s strategic questions focus less on concept viability and more on differentiation, revenue diversification, and integration with urban mobility and hospitality ecosystems.
Transformative forces in hospitality and urban mobility converging to redefine capsule hotel design, digital operations, and guest experience strategies
The landscape for capsule hotels is being reshaped by converging technological, demographic, and experiential shifts that require operators to rethink design, distribution, and service models. Technological adoption is steering properties toward contactless check-in, dynamic pricing engines, and integrated loyalty experiences that extend beyond the capsule itself. This accelerates a move from standalone sleeping pods to digitally enabled micro-stays where guest data drives personalization and ancillary revenue opportunities.
Demographic changes, particularly among urban millennials and younger cohorts who value flexibility and social experiences, are fostering demand for midscale and technically enhanced capsules that offer communal lounges, co-working nooks, and curated local experiences. At the same time, rising expectations for hygiene, privacy options, and premium sleep quality have pushed some operators to introduce tiered offerings within the same property. As a result, strategic differentiation increasingly depends on how well operators combine spatial efficiency with amenity depth and digital convenience, enabling them to capture new segments without undermining the core value proposition of affordable, compact stays.
Assessing how layered U.S. tariff adjustments are influencing procurement, supplier strategies, and operational resilience across capsule hotel supply chains
Recent tariff measures in the United States have introduced layered cost pressures across imported components that are critical to capsule hotel operations and construction, and the cumulative effects are now emerging in procurement, margins, and project timelines. Tariffs affecting electronics, modular construction panels, specialized bedding and foam, as well as ancillary furnishings increase landed costs for prefabricated pods and sleep system upgrades. In response, some operators are revisiting supplier strategies to preserve margins while maintaining quality standards.
These cost dynamics are prompting a set of operational responses. Procurement teams are diversifying supplier networks to include more regional manufacturers, which can shorten lead times and reduce exposure to tariff volatility. Operators are also reassessing product specifications to identify opportunities for material substitution or modular redesign that maintain guest comfort while lowering import dependence. Capital projects face longer approval cycles as development budgets are stress-tested for tariff-related contingencies, and some expansion plans have been rephased to prioritize refurbishment and digital upgrades over new builds. In parallel, revenue management teams are calibrating ancillary offerings and pricing architecture to offset incremental input costs without eroding the affordability proposition that underpins guest demand.
Taken together, the tariff environment has intensified the focus on supply chain resilience, cost transparency, and design adaptability. Operators that combine flexible sourcing, local manufacturing partnerships, and iterative product design are positioned to mitigate near-term cost inflation and to maintain the capacity to scale as policy landscapes stabilize.
Actionable segmentation intelligence revealing how price tiers, booking channels, and customer groups intersect to guide product, distribution, and service strategy
A nuanced segmentation framework reveals where product development, distribution, and service investments deliver the greatest returns. Based on Price Tier, analysis across Economy, Luxury, and Midscale clarifies how value propositions differ: Economy offerings emphasize functionality and efficient occupancy, with the Economy category itself split between Pod Only configurations focused on minimalism and Shared Facility Pod arrangements that combine private sleeping space with communal amenities; Luxury positioning concentrates on elevated comfort and exclusivity and subdivides into En Suite Pod units that incorporate private bathroom facilities and Premium Bedding Pod options that prioritize sleep technology and upscale sleep surfaces; Midscale blends cost control with enhanced services and divides into Lounge Access Pod experiences that provide extended communal facilities and Private Locker Pod options that add secure storage and modest privacy enhancements. Based on Booking Channel, segmentation differentiates Direct Booking from Online Travel Agency channels and recognizes the operational implications of channel mix; each primary channel is further delineated by Desktop Web and Mobile App touchpoints, reflecting the need for platform-specific user journeys and conversion optimization. Based on Customer Group, distinguishing Business Travelers and Leisure Travelers uncovers divergent demand patterns and service expectations, with Business Travelers further characterized by Conference Stay and Transit Stay behaviors that emphasize punctuality and efficient services, while Leisure Travelers split into Short Transit and Vacation Stay cohorts that vary in amenity appetite, length of stay, and propensity for experiential add-ons.
These segmentation layers intersect to reveal targeted opportunities. For instance, midscale properties emphasizing Lounge Access pods may prioritize direct mobile bookings to capture repeat regional business, while luxury pods with premium bedding can justify differentiated partnerships with high-end OTA channels for international leisure audiences. Recognizing these segments enables operators to align product specifications, channel strategies, and guest services to maximize relevance and operational efficiency.
Regional operational and strategic contrasts that determine where capsule hotel concepts thrive and which local adaptations unlock sustainable performance
Regional performance patterns demonstrate that growth opportunities and operational risks vary considerably across geographies, informing where investment and partnership models should be prioritized. In the Americas, urban densification and a strong domestic travel market support demand for compact, flexible accommodations; operators there are focusing on integrating capsule properties into transit corridors and entertainment districts to capture short-stay and transit-oriented travelers. In Europe, Middle East & Africa, regulatory diversity and heritage urban fabric shape design and permitting approaches, prompting a focus on adaptive reuse of existing footprints and on design solutions that respect local building codes while maximizing unit density. This region also sees pronounced tourism seasonality that influences staffing models and revenue management tactics. In the Asia-Pacific region, where capsule concepts first gained mainstream traction, there is continued innovation in hybrid service models, technology-enabled guest journeys, and premium capsule experiences that cater to both domestic travelers and high-frequency transit passengers.
Across these regions, localization of supplier networks, compliance with regional health and safety standards, and alignment of amenity mixes with cultural norms are decisive factors. For example, properties in transit-heavy markets may prioritize automated check-in and luggage handling, while those in heritage-sensitive cities invest more in noise mitigation and privacy-enhancing design. Regional strategies that account for these operational nuances, as well as for labor availability and construction norms, are more likely to realize efficient openings and sustainable operations.
Insights into how leading operators and strategic partnerships are shaping competitive advantage through modular product design, distribution, and operational data use
Competitive dynamics in the capsule hotel space are shaped by a mix of pure-play capsule operators, urban boutique brands, and traditional hotel groups experimenting with micro-stay concepts. Leading operators differentiate through product consistency, franchise and management models that enable rapid geographic expansion, and investments in a brand promise that balances affordability with a recognizable guest experience. Strategic partnerships with modular manufacturers and hospitality technology providers accelerate standardized rollouts and help maintain quality control across disparate markets.
Strategic moves by companies in this space emphasize three overlapping priorities: first, refining a modular product that can be adapted to local regulatory contexts and customer expectations; second, developing distribution and loyalty mechanisms that convert transient guests into recurring customers; and third, leveraging operational data to optimize occupancy flows and ancillary revenue streams. Companies that marry disciplined unit economics with a coherent brand narrative and robust digital engagement tend to command stronger market positioning. Additionally, alliances with local operators and co-living or co-working brands create pathways to broaden the customer base and to deliver complementary services that increase per-guest spend without undermining the fundamental value proposition of compact, efficient stays.
Practical and prioritized actions for operators to strengthen supply resilience, diversify revenue, and scale capsule hotel concepts with operational rigor
Industry leaders should pursue a coordinated set of actions that prioritize operational resilience, guest-centric differentiation, and scalable growth. First, invest in supplier diversification and local manufacturing partnerships to reduce exposure to import cost volatility and to shorten lead times for pod components and furnishings. Second, design tiered product architectures that allow multiple price points within the same property to capture a broader customer mix without eroding operational simplicity. Third, accelerate digital integration across the guest journey, focusing on mobile-native booking flows, contactless services, and data capture that enables personalized offers and ancillary revenue optimization.
Additionally, operators should pursue strategic alliances with transit hubs, event venues, and city planners to position capsule properties as pragmatic solutions for short-stay demand and last-mile lodging. Operational improvements such as modular maintenance programs, preventive asset management, and staff cross-training reduce operational friction and create capacity for standardized rollouts. Finally, embed sustainability and wellness features where they meet guest expectations and operational economics, using them as differentiators in competitive markets. Taken together, these actions enable operators to protect margins, enhance guest satisfaction, and create repeatable models for expansion.
Transparent and replicable research approach blending primary stakeholder interviews with structured secondary analysis to validate operational and strategic findings
The research underpinning these insights combined systematic primary engagement with industry stakeholders and structured secondary analysis of public sources and operational case studies. Primary research included in-depth interviews with operators, design partners, procurement specialists, and revenue managers to capture first-hand perspectives on product design, sourcing constraints, and guest behavior. These conversations were conducted across different markets to ensure representative coverage of urban typologies and regulatory environments.
Secondary research synthesized public filings, industry reports, patent and trade publications, and regulatory guidance to triangulate operational trends and to validate supplier ecosystem dynamics. Data synthesis used cross-validation techniques to reconcile qualitative inputs with observable operational practices and macro-level indicators. The methodology emphasized reproducibility and transparency by documenting interview protocols, coding frameworks for qualitative data, and criteria for source credibility. Together, these methods produced a robust, multi-angle view of how capsule hotels are evolving operationally and strategically across regions and customer segments.
Concluding synthesis that ties together operational priorities, tariff implications, and strategic levers for sustainable success in the capsule hotel segment
In summary, capsule hotels have progressed from experimental propositions into adaptive components of urban lodging strategy, with their future shaped by supply chain resilience, digital guest journeys, and nuanced regional adaptation. Operators who align product tiers with clearly defined customer segments and refine their channel strategies to match booking behaviors will be better positioned to capture demand without compromising the value equation. Tariff-induced cost pressures underscore the importance of local sourcing and design flexibility, while regional contrasts demand tailored operational models rather than one-size-fits-all rollouts.
Looking ahead, success in this sector will favor organizations that combine disciplined operational execution with strategic partnerships and thoughtful product differentiation. The ability to translate guest data into personalized offers and to streamline the guest journey will create sustainable competitive advantages. Ultimately, the capsule hotel model remains a compelling tool for urban accommodation planners and investors when executed with attention to local context, supply chain robustness, and a clear, differentiated guest value proposition.
Note: PDF & Excel + Online Access - 1 Year
A comprehensive orientation to the capsule hotel phenomenon that frames operational dynamics, guest expectations, and the strategic crossroads facing urban lodging operators
The capsule hotel concept has matured from a niche convenience offering into a versatile urban accommodation model that addresses evolving traveler expectations, densifying city centers, and cost-conscious operations. Over recent years operators have blended minimalist sleeping units with enhanced communal amenities, redefining what travelers expect from short-stay lodging. This has created a distinct operational profile in which space optimization, guest flow management, and amenity design are central to profitability and guest satisfaction.
As consumer preferences shift toward experiences that balance privacy with affordability, capsule properties now serve a diverse mix of customers including transit and business travelers seeking efficient stays, and leisure guests looking for novel and budget-friendly options. Concurrently, advances in modular construction, digital check-in, and micro-hotel service models have enabled faster rollouts and more consistent guest experiences. These operational and technological developments mean that today’s strategic questions focus less on concept viability and more on differentiation, revenue diversification, and integration with urban mobility and hospitality ecosystems.
Transformative forces in hospitality and urban mobility converging to redefine capsule hotel design, digital operations, and guest experience strategies
The landscape for capsule hotels is being reshaped by converging technological, demographic, and experiential shifts that require operators to rethink design, distribution, and service models. Technological adoption is steering properties toward contactless check-in, dynamic pricing engines, and integrated loyalty experiences that extend beyond the capsule itself. This accelerates a move from standalone sleeping pods to digitally enabled micro-stays where guest data drives personalization and ancillary revenue opportunities.
Demographic changes, particularly among urban millennials and younger cohorts who value flexibility and social experiences, are fostering demand for midscale and technically enhanced capsules that offer communal lounges, co-working nooks, and curated local experiences. At the same time, rising expectations for hygiene, privacy options, and premium sleep quality have pushed some operators to introduce tiered offerings within the same property. As a result, strategic differentiation increasingly depends on how well operators combine spatial efficiency with amenity depth and digital convenience, enabling them to capture new segments without undermining the core value proposition of affordable, compact stays.
Assessing how layered U.S. tariff adjustments are influencing procurement, supplier strategies, and operational resilience across capsule hotel supply chains
Recent tariff measures in the United States have introduced layered cost pressures across imported components that are critical to capsule hotel operations and construction, and the cumulative effects are now emerging in procurement, margins, and project timelines. Tariffs affecting electronics, modular construction panels, specialized bedding and foam, as well as ancillary furnishings increase landed costs for prefabricated pods and sleep system upgrades. In response, some operators are revisiting supplier strategies to preserve margins while maintaining quality standards.
These cost dynamics are prompting a set of operational responses. Procurement teams are diversifying supplier networks to include more regional manufacturers, which can shorten lead times and reduce exposure to tariff volatility. Operators are also reassessing product specifications to identify opportunities for material substitution or modular redesign that maintain guest comfort while lowering import dependence. Capital projects face longer approval cycles as development budgets are stress-tested for tariff-related contingencies, and some expansion plans have been rephased to prioritize refurbishment and digital upgrades over new builds. In parallel, revenue management teams are calibrating ancillary offerings and pricing architecture to offset incremental input costs without eroding the affordability proposition that underpins guest demand.
Taken together, the tariff environment has intensified the focus on supply chain resilience, cost transparency, and design adaptability. Operators that combine flexible sourcing, local manufacturing partnerships, and iterative product design are positioned to mitigate near-term cost inflation and to maintain the capacity to scale as policy landscapes stabilize.
Actionable segmentation intelligence revealing how price tiers, booking channels, and customer groups intersect to guide product, distribution, and service strategy
A nuanced segmentation framework reveals where product development, distribution, and service investments deliver the greatest returns. Based on Price Tier, analysis across Economy, Luxury, and Midscale clarifies how value propositions differ: Economy offerings emphasize functionality and efficient occupancy, with the Economy category itself split between Pod Only configurations focused on minimalism and Shared Facility Pod arrangements that combine private sleeping space with communal amenities; Luxury positioning concentrates on elevated comfort and exclusivity and subdivides into En Suite Pod units that incorporate private bathroom facilities and Premium Bedding Pod options that prioritize sleep technology and upscale sleep surfaces; Midscale blends cost control with enhanced services and divides into Lounge Access Pod experiences that provide extended communal facilities and Private Locker Pod options that add secure storage and modest privacy enhancements. Based on Booking Channel, segmentation differentiates Direct Booking from Online Travel Agency channels and recognizes the operational implications of channel mix; each primary channel is further delineated by Desktop Web and Mobile App touchpoints, reflecting the need for platform-specific user journeys and conversion optimization. Based on Customer Group, distinguishing Business Travelers and Leisure Travelers uncovers divergent demand patterns and service expectations, with Business Travelers further characterized by Conference Stay and Transit Stay behaviors that emphasize punctuality and efficient services, while Leisure Travelers split into Short Transit and Vacation Stay cohorts that vary in amenity appetite, length of stay, and propensity for experiential add-ons.
These segmentation layers intersect to reveal targeted opportunities. For instance, midscale properties emphasizing Lounge Access pods may prioritize direct mobile bookings to capture repeat regional business, while luxury pods with premium bedding can justify differentiated partnerships with high-end OTA channels for international leisure audiences. Recognizing these segments enables operators to align product specifications, channel strategies, and guest services to maximize relevance and operational efficiency.
Regional operational and strategic contrasts that determine where capsule hotel concepts thrive and which local adaptations unlock sustainable performance
Regional performance patterns demonstrate that growth opportunities and operational risks vary considerably across geographies, informing where investment and partnership models should be prioritized. In the Americas, urban densification and a strong domestic travel market support demand for compact, flexible accommodations; operators there are focusing on integrating capsule properties into transit corridors and entertainment districts to capture short-stay and transit-oriented travelers. In Europe, Middle East & Africa, regulatory diversity and heritage urban fabric shape design and permitting approaches, prompting a focus on adaptive reuse of existing footprints and on design solutions that respect local building codes while maximizing unit density. This region also sees pronounced tourism seasonality that influences staffing models and revenue management tactics. In the Asia-Pacific region, where capsule concepts first gained mainstream traction, there is continued innovation in hybrid service models, technology-enabled guest journeys, and premium capsule experiences that cater to both domestic travelers and high-frequency transit passengers.
Across these regions, localization of supplier networks, compliance with regional health and safety standards, and alignment of amenity mixes with cultural norms are decisive factors. For example, properties in transit-heavy markets may prioritize automated check-in and luggage handling, while those in heritage-sensitive cities invest more in noise mitigation and privacy-enhancing design. Regional strategies that account for these operational nuances, as well as for labor availability and construction norms, are more likely to realize efficient openings and sustainable operations.
Insights into how leading operators and strategic partnerships are shaping competitive advantage through modular product design, distribution, and operational data use
Competitive dynamics in the capsule hotel space are shaped by a mix of pure-play capsule operators, urban boutique brands, and traditional hotel groups experimenting with micro-stay concepts. Leading operators differentiate through product consistency, franchise and management models that enable rapid geographic expansion, and investments in a brand promise that balances affordability with a recognizable guest experience. Strategic partnerships with modular manufacturers and hospitality technology providers accelerate standardized rollouts and help maintain quality control across disparate markets.
Strategic moves by companies in this space emphasize three overlapping priorities: first, refining a modular product that can be adapted to local regulatory contexts and customer expectations; second, developing distribution and loyalty mechanisms that convert transient guests into recurring customers; and third, leveraging operational data to optimize occupancy flows and ancillary revenue streams. Companies that marry disciplined unit economics with a coherent brand narrative and robust digital engagement tend to command stronger market positioning. Additionally, alliances with local operators and co-living or co-working brands create pathways to broaden the customer base and to deliver complementary services that increase per-guest spend without undermining the fundamental value proposition of compact, efficient stays.
Practical and prioritized actions for operators to strengthen supply resilience, diversify revenue, and scale capsule hotel concepts with operational rigor
Industry leaders should pursue a coordinated set of actions that prioritize operational resilience, guest-centric differentiation, and scalable growth. First, invest in supplier diversification and local manufacturing partnerships to reduce exposure to import cost volatility and to shorten lead times for pod components and furnishings. Second, design tiered product architectures that allow multiple price points within the same property to capture a broader customer mix without eroding operational simplicity. Third, accelerate digital integration across the guest journey, focusing on mobile-native booking flows, contactless services, and data capture that enables personalized offers and ancillary revenue optimization.
Additionally, operators should pursue strategic alliances with transit hubs, event venues, and city planners to position capsule properties as pragmatic solutions for short-stay demand and last-mile lodging. Operational improvements such as modular maintenance programs, preventive asset management, and staff cross-training reduce operational friction and create capacity for standardized rollouts. Finally, embed sustainability and wellness features where they meet guest expectations and operational economics, using them as differentiators in competitive markets. Taken together, these actions enable operators to protect margins, enhance guest satisfaction, and create repeatable models for expansion.
Transparent and replicable research approach blending primary stakeholder interviews with structured secondary analysis to validate operational and strategic findings
The research underpinning these insights combined systematic primary engagement with industry stakeholders and structured secondary analysis of public sources and operational case studies. Primary research included in-depth interviews with operators, design partners, procurement specialists, and revenue managers to capture first-hand perspectives on product design, sourcing constraints, and guest behavior. These conversations were conducted across different markets to ensure representative coverage of urban typologies and regulatory environments.
Secondary research synthesized public filings, industry reports, patent and trade publications, and regulatory guidance to triangulate operational trends and to validate supplier ecosystem dynamics. Data synthesis used cross-validation techniques to reconcile qualitative inputs with observable operational practices and macro-level indicators. The methodology emphasized reproducibility and transparency by documenting interview protocols, coding frameworks for qualitative data, and criteria for source credibility. Together, these methods produced a robust, multi-angle view of how capsule hotels are evolving operationally and strategically across regions and customer segments.
Concluding synthesis that ties together operational priorities, tariff implications, and strategic levers for sustainable success in the capsule hotel segment
In summary, capsule hotels have progressed from experimental propositions into adaptive components of urban lodging strategy, with their future shaped by supply chain resilience, digital guest journeys, and nuanced regional adaptation. Operators who align product tiers with clearly defined customer segments and refine their channel strategies to match booking behaviors will be better positioned to capture demand without compromising the value equation. Tariff-induced cost pressures underscore the importance of local sourcing and design flexibility, while regional contrasts demand tailored operational models rather than one-size-fits-all rollouts.
Looking ahead, success in this sector will favor organizations that combine disciplined operational execution with strategic partnerships and thoughtful product differentiation. The ability to translate guest data into personalized offers and to streamline the guest journey will create sustainable competitive advantages. Ultimately, the capsule hotel model remains a compelling tool for urban accommodation planners and investors when executed with attention to local context, supply chain robustness, and a clear, differentiated guest value proposition.
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
184 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency
- 1.5. Language
- 1.6. Stakeholders
- 2. Research Methodology
- 3. Executive Summary
- 4. Market Overview
- 5. Market Insights
- 5.1. Integration of in-capsule smart technologies and IoT-enabled features for hyper-personalized guest experiences
- 5.2. Expansion of premium and business-class capsule accommodations targeting frequent corporate travelers in major cities
- 5.3. Adoption of sustainable building materials with energy-efficient systems and zero-waste amenities to reduce environmental impact
- 5.4. Strategic partnerships with coworking hubs and business lounges to serve remote workers and digital nomad communities
- 5.5. Growth of themed capsule concepts offering immersive cultural or entertainment-driven environments for niche travelers
- 5.6. Implementation of advanced hygiene protocols including UV sanitation and touchless check-in systems to boost guest confidence
- 5.7. Emergence of mixed-use urban developments integrating capsule hotels with retail, dining, and wellness services under one roof
- 6. Cumulative Impact of United States Tariffs 2025
- 7. Cumulative Impact of Artificial Intelligence 2025
- 8. Capsule Hotels Market, by Price Tier
- 8.1. Economy
- 8.2. Luxury
- 8.3. Midscale
- 9. Capsule Hotels Market, by Booking Channel
- 9.1. Direct Booking
- 9.2. Online Travel Agency
- 10. Capsule Hotels Market, by Customer Group
- 10.1. Business Travelers
- 10.1.1. Conference Stay
- 10.1.2. Transit Stay
- 10.2. Leisure Travelers
- 10.2.1. Short Transit
- 10.2.2. Vacation Stay
- 11. Capsule Hotels Market, by Region
- 11.1. Americas
- 11.1.1. North America
- 11.1.2. Latin America
- 11.2. Europe, Middle East & Africa
- 11.2.1. Europe
- 11.2.2. Middle East
- 11.2.3. Africa
- 11.3. Asia-Pacific
- 12. Capsule Hotels Market, by Group
- 12.1. ASEAN
- 12.2. GCC
- 12.3. European Union
- 12.4. BRICS
- 12.5. G7
- 12.6. NATO
- 13. Capsule Hotels Market, by Country
- 13.1. United States
- 13.2. Canada
- 13.3. Mexico
- 13.4. Brazil
- 13.5. United Kingdom
- 13.6. Germany
- 13.7. France
- 13.8. Russia
- 13.9. Italy
- 13.10. Spain
- 13.11. China
- 13.12. India
- 13.13. Japan
- 13.14. Australia
- 13.15. South Korea
- 14. Competitive Landscape
- 14.1. Market Share Analysis, 2024
- 14.2. FPNV Positioning Matrix, 2024
- 14.3. Competitive Analysis
- 14.3.1. YOTEL Limited
- 14.3.2. nine hours, Inc.
- 14.3.3. First Cabin HD Co., Ltd.
- 14.3.4. The Millennials
- 14.3.5. Urbanpod Pvt Ltd
- 14.3.6. Pod Inn
- 14.3.7. Book and Bed Tokyo
- 14.3.8. Capsule & Sleeping Co., Ltd.
- 14.3.9. Dream Lodge
- 14.3.10. Sleeperoo GmbH
- 14.3.11. ByHours
- 14.3.12. CityHub
- 14.3.13. GoSleep
- 14.3.14. NapYork
- 14.3.15. Koyo Pods
- 14.3.16. The Prime Pod Ginza Tokyo
- 14.3.17. Nadeshiko Hotel
- 14.3.18. Capsule Inn Osaka
- 14.3.19. Asahi Plaza Shinsaibashi
- 14.3.20. De Bedstee Capsules Hotel B.V.
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