Growth of Budget Hotel Market is Estimated to Grow Incredible CAGR till 2022 | Global Key Players - Red Roof Inn, Candlewood Suites, HotelF1, Ibis Budget Hotels, Premier Inn, Travelodge Hotels, Roots

Global Budget Hotel Market Report 2018 explores future trends for supply, demand and market growth rate, market size, prices, trading, competition and value chain as well as Key Players of the industry’s information with forecast from 2018 to 2022.

Global Budget Hotel Market Overview:

According to Market Analyst, Global Budget Hotel Market is projected to grow at a healthy growth rate from 2018 to 2022.

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Budget hotel is the lowest category of hotel that provides the rooms and meals at cheap cost. Budget hotel offers the facilities which required to fulfilling basic requirements such as daily room service, telephone, television, air conditioning, mineral water, broadband connection, doctor on call, pick & drop facility etc. Some budget hotels also have a multi cuisine room and mini bar.

With the growing demand for branded budget hotel, players are investing in creating a distinct brand positioning as budget hotel providers are likely to see faster growth compared to generic travel aggregators. As per industry estimates, the inventory in the budget hotel space is expected to grow further with both new and existing players. The branded domestic budget hotel chains are the driving force for the growth of online hotel booking sales

Regionally, The US is the largest market in the world for budget hotels in terms of room supply. US also tops the list in terms of revenues

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The Market is segmented and projected on the basis of major key player’s:

1  Red Roof Inn

2  Candlewood Suites

3  HotelF1

4  Ibis Budget Hotels

5  Premier Inn

6  Travelodge Hotels

7  Roots

8  Home Inns and Hotels Management

9  Holiday Inn Express Hotel

10 Econo Lodge Hotels

The market for Budget Hotel can be segmented on the basis of the following Criteria:

The Market is segmented and projected on the basis of major Region Segmentation

1  North America

2  Europe

3  China

4  Rest of Asia Pacific

5  Central & South America

6  Middle East & Africa

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The Market is segmented and projected on the basis of Product Type Segmentation:

1  Business Hotels

2  Airport Hotels

3  Suite Hotel

4  Serviced Apartments

The Market is segmented and projected on the basis of Application Segmentation:

1  Private

2  Commercial

Key Questions Answered in this Report:

1 What will the market size be in 2022?

2 What are the key factors driving the Budget Hotel Market?

3 What are the challenges to market growth?

4 Who are the key players in Budget Hotel Market?

5 What are the market opportunities and threats faced by the key players?

TABLE OF CONTENTS

1 Industry Overview of Budget Hotel

2 Global Budget Hotel Competition Analysis by Players

3 Company (Top Players) Profiles

4 Global Budget Hotel Market Size by Type and Application (2013-2018)

5 North America Budget Hotel Development Status and Outlook

6 Europe Budget Hotel Development Status and Outlook

7 China Budget Hotel Development Status and Outlook

8 Rest of Asia Pacific Budget Hotel Development Status and Outlook

9 Central & South America Budget Hotel Development Status and Outlook

10 Middle East & Africa Budget Hotel Development Status and Outlook

11 Market Forecast by Regions, Type and Application (2018-2022)

12 Budget Hotel Market Dynamics

13 Market Effect Factors Analysis

14 Research Finding/Conclusion

15 Appendix

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