Budget Hotel Market 2018 Flourishes with International Prestigious Players: Red Roof Inn, Candlewood Suites, HotelF1, Ibis Budget Hotels, Premier Inn, Travelodge Hotels, Roots, Home Inns and Hotels Management, Holiday Inn Express Hotel, Econo Lodge Hotels

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.

In 2017, the global Budget Hotel market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.

This report focuses on the global Budget Hotel status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Budget Hotel development in United States, Europe and China.

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The key players covered in this study

Red Roof Inn

Candlewood Suites

HotelF1

Ibis Budget Hotels

Premier Inn

Travelodge Hotels

Roots

Home Inns and Hotels Management

Holiday Inn Express Hotel

Econo Lodge Hotels

Market segment by Type, the product can be split into

Business Hotels

Airport Hotels

Suite Hotel

Serviced Apartments

Market segment by Application, split into

Private

Commercial

Market segment by Regions/Countries, this report covers

United States

Europe

China

Japan

Southeast Asia

India

Central & South America

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