A new independent 121 page research with title ‘Global Budget Hotels Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025’ guarantees you will remain better informed than your competition. The study covers geographic analysis that includes regions like North America, South America, Asia, Europe & Others and important players/vendors such as B&B Hotels (France) , Balladins Hotels (France) , Campanile (United States) , Comfort (United States) , Days Inn (United Kingdom) , Econo Lodge (United States) , Etap (Poland) , Express By Holiday Inn (United States) , Formule1 (France) and Hotel Bannatyne (United Kingdom). The research gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2023.
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Market Overview: Budget hotels are affordable budget hotels. Cost of hotel is low so and it provides clean accommodations however, it is the bare minimums. Budget hotels are useful for middle class family, students and others. It will provide hotels facility with low budget. Increase demand of tourism industry will help to fuel Demand of global budget hotel market. Some of the key players profiled in the study are B&B Hotels (France) , Balladins Hotels (France) , Campanile (United States) , Comfort (United States) , Days Inn (United Kingdom) , Econo Lodge (United States) , Etap (Poland) , Express By Holiday Inn (United States) , Formule1 (France) and Hotel Bannatyne (United Kingdom).
Market Dynamics
Market Trend
• Rising Popularity of Branded Domestic Budget Hotel
• Adoption of Online Hotels Booking facility
• Government Initiative Support Tourism Industry
Market Drivers
• Rising Demand Due to Affordable Accommodation
• Growing Middle Class Population
• Up surging Demand in Tourism Industry
Opportunities
• Growing Infrastructure Development Refer to smart Cities
Target Audience
Budget Hotel Service Distributor , Tourism Industry , Hoteling Industry , Government and Private Research Organizations and Others
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The following are the major objectives of the study
• To define, describe, and forecast the Global Budget Hotels market on the basis of product [Type I and Type II] , application [Students and Other], key regions and end user
• To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
• To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
• Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
• To provide market size for various segments of the Budget Hotels market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America) , Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific) , Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe) , MEA (Middle East, Africa) , North America (United States, Canada, Mexico)
• To strategically profile the key players and analysing their market shares and core competencies in the Budget Hotels industry
• To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
While framing the research framework, major and emerging players operating in the Budget Hotels market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.
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Table of Contents
1 Market Overview
1.1 Budget Hotels Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.1.1 United States Market States and Outlook (2013-2023)
1.4.1.2 Canada Market States and Outlook (2013-2023)
1.4.1.3 Mexico Market States and Outlook (2013-2023)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.2.1 Germany Market States and Outlook (2013-2023)
1.4.2.2 France Market States and Outlook (2013-2023)
1.4.2.3 UK Market States and Outlook (2013-2023)
1.4.2.4 Russia Market States and Outlook (2013-2023)
1.4.2.5 Italy Market States and Outlook (2013-2023)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.3.1 China Market States and Outlook (2013-2023)
1.4.3.2 Japan Market States and Outlook (2013-2023)
1.4.3.3 Korea Market States and Outlook (2013-2023)
1.4.3.4 India Market States and Outlook (2013-2023)
1.4.3.5 Southeast Asia Market States and Outlook (2013-2023)
1.4.4 South America, Middle East and Africa
1.4.4.1 Brazil Market States and Outlook (2013-2023)
1.4.4.2 Egypt Market States and Outlook (2013-2023)
1.4.4.3 Saudi Arabia Market States and Outlook (2013-2023)
1.4.4.4 South Africa Market States and Outlook (2013-2023)
1.4.4.5 Nigeria Market States and Outlook (2013-2023)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
2.1.1 Business Overview
2.1.2 Budget Hotels Type and Applications
2.1.3 Budget Hotels Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
3 Global Budget Hotels Market Competition, by Manufacturer
3.1 Global Budget Hotels Sales and Market Share by Manufacturer (2016-2017)
3.2 Global Budget Hotels Revenue and Market Share by Manufacturer (2016-2017)
3.3 Global Budget Hotels Price by Manufacturer (2016-2017)
3.4 Market Concentration Rate
3.4.1 Top 3 Budget Hotels Manufacturer Market Share in 2017
3.4.2 Top 5 Budget Hotels Manufacturer Market Share in 2017
3.5 Market Competition Trend
4 Global Budget Hotels Market Analysis by Regions
4.1 Global Budget Hotels Sales, Revenue and Market Share by Regions
4.1.1 Global Budget Hotels Sales by Regions (2013-2018)
4.1.2 Global Budget Hotels Revenue by Regions (2013-2018)
4.2 North America Budget Hotels Sales, Revenue and Growth Rate (2013-2018)
4.3 Europe Budget Hotels Sales, Revenue and Growth Rate (2013-2018)
4.4 Asia-Pacific Budget Hotels Sales, Revenue and Growth Rate (2013-2018)
4.5 South America Budget Hotels Sales, Revenue and Growth Rate (2013-2018)
4.6 Middle East and Africa Budget Hotels Sales, Revenue and Growth Rate (2013-2018)
5 North America Budget Hotels by Countries, Type, Application and Manufacturers
…Continued
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