2020 Budget Hotels Industry Key Trends, Mergers and Acquisitions, Top Players

The global budget hotel market industry grew in 2015 due to demand for affordable accommodation, with an increase in the middle-class population in Asia-Pacific and European regions. The US ranked first in the budget hotels segment with room supply of 874,591 in 2015, followed by the UK and China, while Malaysia was the fastest-growing market at a CAGR of 12.2%. In terms of occupancy rate, Asian countries led from the front with Hong Kong (87% in 2015) at the top, followed by Japan and Singapore. In terms of RevPAR, Hong Kong (US$117.6 in 2015) topped the list, followed by Egypt and the UK. Browse the full report @ http://www.orbisresearch.com/reports/index/the-global-budget-hotels-market-to-2020 .

Key Findings
- The branded domestic budget hotel chains are the driving force for the growth of online hotel booking sales in India. According to the Google Travel Trends report, with an online market presence of more than 300 million Indians and just 20% of the total hotel inventory available online, both new and established branded budget hotel chains such as Lemon Tree and Treebo Hotels are looking for the opportunity to bring quality budget hotels to the online platform across the nation. In 2015, brand budget hotel queries' annual growth increased at 179%, compared to the general queries on the budget hotels, which was just 37%. Overall accommodation queries grew at 37% annually. Budget hotel queries accounted for 35% of total accommodation queries

- Louver Hotels, the second largest budget hotel in Europe, allied with China's biggest bank card provider Union Pay in 2016 to reach the increasing number of Chinese travelers abroad. Chinese tourists are reluctant to carry cash on French streets due to fears of insecurity. To overcome this, French hotels are accepting the Chinese Union Pay credit cards to boost tourism across the country

- The world's second largest population (1.8 billion Muslims) needs to perform the Hajj in Mecca at least once in their lifespan, driving the demand for accommodation in the holy city. According to Jones Lang LaSalle (JLL), 75% stay in hotels during the pilgrimage while the remaining 25% stay in other accommodation. With 27,000 hotel rooms, Mecca is the largest hospitality market in Saudi Arabia. According to JLL, approximately 60% of the hotels are classified as budget accommodation, which is a higher proportion than in other cities in Saudi Arabia

- Thailand's Petroleum Authority of Thailand (PTT) Plc. planned to invest in budget hotels as it is another vertical to boost revenue for the business. It aimed to set-up 50 budget hotels at its 1,400 oil stations over the next five years (2017-2021)

- Hop Inn Ermita, a Thai budget hotel chain, planned to set-up 19 budget hotels in the Philippines in the next five years (2017-2021) as it is believed that the Philippines will see the highest and fastest economic growth in ASEAN. In 2016, it opened its first outlet abroad in the center of Ermita in Manila, due to its long term and high potential for tourism

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Companies Mentioned:
Red Roof Inn
Candlewood Suites
HotelF1
Ibis Budget Hotels
Premier Inn Ltd
Travelodge Hotels Ltd
Roots Corporation Limited
Home Inns and Hotels Management Inc
Holiday Inn Express Hotel
Econo Lodge Hotels

GlobalData's report - The Global Budget Hotels Market To 2020 - provides detailed information on global budget hotels industry, analyzing market data and providing insights.

- Historic and forecast revenue of global budget hotels market covering 40 countries
- Detailed analysis, region-wise (Americas, Asia-Pacific, Europe, Middle East and Africa),of budget hotels' key performance indicators such as the number of hotel establishments, number of rooms, occupancy rate, room nights available, room nights occupied, average room revenue per available room, average room revenue per occupied room, average total revenue per available room, total room revenues, total non-room revenues, total revenues, and number of guests for the historic (2011-2015) and forecast periods (2016-2020)
- Brief analysis of global budget hotels market and the present scenario
- Detailed analysis of the markets trends in key budget hotels' markets

Reasons To Buy
- Make strategic business decisions using historic and forecast market data related to global budget hotels industry
- Understand the demand-side dynamics within the industry to identify key market trends and growth opportunities . Purchase a single user copy @ http://www.orbisresearch.com/contact/purchase/185463 .

Few points from Table of Contents:
List Of Tables:
Table 1: The Americas - Shares of Budget Hotels in Overall Hotel Industry Revenues (%), 2011, 2015, and 2020
Table 2: The Americas - Number of Budget Hotel Establishments, 2011-2020
Table 3: The Americas - Number of Rooms in Budget Hotels, 2011-2020
Table 4: The Americas - Room Occupancy Rates in Budget Hotels (%), 2011-2020
Table 5: The Americas - Room Nights Available in Budget Hotels (Million), 2011-2020
Table 6: The Americas - Room Nights Occupied by Hotel Category (Million), 2011-2020
Table 7: The Americas - Average Room Revenues per Available Room in Budget Hotels (US$), 2011-2020
Table 8: The Americas - Average Room Revenues per Occupied Room in Budget Hotels (US$), 2011-2020
Table 9: The Americas - Average Total Revenues per Available Room in Budget Hotels (US$), 2011-2020
Table 10: The Americas - Total Room Revenues of Budget Hotels (US$ Million), 2011-2020
Table 11: The Americas - Total Non-Room Revenues of Budget Hotels (US$ Million), 2011-2020
Table 12: The Americas - Total Revenues of Budget Hotels (US$ Million), 2011-2020
Table 13: The Americas - Numbers of Guests in Budget Hotels (Thousand), 2011-2020
Table 14: Asia-Pacific - Shares of Budget Hotels in Overall Hotel Industry Revenues (%), 2011, 2015, and 2020
Table 15: Asia-Pacific - Number of Budget Hotel Establishments, 2011-2015
Table 16: Asia-Pacific - Number of Rooms in Budget Hotels (Thousand), 2011-2020
Table 17: Asia-Pacific - Room Occupancy Rates in Budget Hotels (%), 2011-2020
Table 18: Asia-Pacific - Numbers of Room Nights Available in Budget Hotels (Million), 2011-2020
Table 19: Asia-Pacific - Room Nights Occupied by Hotel Category (Million), 2011-2020
Table 20: Asia-Pacific - Average Room Revenues per Available Room in Budget Hotels (US$), 2011-2020
Table 21: Asia-Pacific - Average Room Revenues per Occupied Room in Budget Hotels (US$), 2011-2020
Table 22: Asia-Pacific - Average Total Revenues per Available Room in Budget Hotels (US$), 2011-2020
Table 23: Asia-Pacific - Total Room Revenues of Budget Hotels (US$ Million), 2011-2020
Table 24: Asia-Pacific - Total Non-Room Revenues of Budget Hotels (US$ Million), 2011-2020
Table 25: Asia-Pacific - Total Revenues of Budget Hotels (US$ Million), 2011-2020
Table 26: Asia-Pacific - Numbers of Guests in Budget Hotels (Thousand), 2011-2020
Table 27: Europe - Shares of Budget Hotels in Overall Hotel Industry Revenues (%), 2011, 2015, and 2020
Table 28: Europe - Number of Budget Hotel Establishments, 2011-2020
Table 29: Europe - Number of Rooms in Budget Hotels (Thousand), 2011-2020
Table 30: Europe - Room Occupancy Rates in Budget Hotels (%), 2011-2020
Table 31: Europe - Room Nights Available in Budget Hotels (Million), 2011-2020
Table 32: Europe - Room Nights Occupied by Hotel Category (Million), 2011-2020
Table 33: Europe - Average Room Revenues per Available Room in Budget Hotels (US$), 2011-2020
Table 34: Europe - Average Room Revenues per Occupied Room in Budget Hotels (US$), 2011-2020
Table 35: Europe - Average Total Revenues per Available Room in Budget Hotels (US$), 2011-2020
Table 36: Europe - Total Room Revenues of Budget Hotels (US$ Million), 2011-2020
Table 37: Europe - Total Non-Room Revenues of Budget Hotels (US$ Million), 2011-2020
Table 38: Europe - Total Revenues of Budget Hotels (US$ Million), 2011-2020
Table 39: Europe - Numbers of Guests in Budget Hotels (Thousand), 2011-2020
Table 40: The Middle East and Africa - Shares of Budget Hotels in Overall Hotel Industry Revenues (%), 2011, 2015 and 2020
Table 41: The Middle East and Africa - Number of Budget Hotel Establishments, 2011-2020
Table 42: The Middle East and Africa - Number of Rooms in Budget Hotels (Thousand), 2011-2020
Table 43: The Middle East and Africa - Room Occupancy Rates in Budget Hotels (%), 2011-2020
Table 44: The Middle East and Africa - Room Nights Available in Budget Hotels (Million), 2011-2020
Table 45: The Middle East and Africa - Room Nights Occupied by Hotel Category (Million), 2011-2020
Table 46: The Middle East and Africa - Average Room Revenues per Available Room in Budget Hotels (US$), 2011-2020
Table 47: The Middle East and Africa - Average Room Revenues per Occupied Room in Budget Hotels (US$), 2011-2020
Table 48: The Middle East and Africa - Average Total Revenues per Available Room in Budget Hotels (US$), 2011-2020
Table 49: The Middle East and Africa - Total Room Revenues of Budget Hotels (US$ Million), 2011-2020
Table 50: The Middle East and Africa - Total Non-Room Revenues of Budget Hotels (US$ Million), 2011-2020
Table 51: The Middle East and Africa - Total Revenues of Budget Hotels (US$ Million), 2011-2020
Table 52: The Middle East and Africa - Numbers of Guests in Budget Hotels (Thousand), 2011-2020
Table 53: Red Roof Inn, Key Facts
Table 54: Red Roof Inn, Main Services and Brands
Table 55: Red Roof Inn, Key Employees
Table 56: Candlewood Suites, Key Facts
Table 57: Candlewood Suites, Main Services and Brands
Table 58: Candlewood Suites, Key Employees
Table 59: HotelF1, Key Facts
Table 60: HotelF1, Main Services and Brands
Table 61: Ibis budget hotels, Key Facts
Table 62: Ibis budget hotels, Main Services and Brands
Table 63: Premier Inn Ltd, Key Facts
Table 64: Premier Inn Ltd, Main Services and Brands
Table 65: Premier Inn Ltd, Key Employees

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