Budget Hotels Market By Type (Limited Service Hotels, Capsule Hotels, Hostels, Motels, Others), By Guest Type (Business Travelers, Leisure Travelers, Families, Others), By Mode of Booking (Online Travel Agency, Hotel Websites, Direct Booking, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032
The global budget hotels market was valued at $276.3 billion in 2022, and is projected to reach $430.9 billion by 2032, growing at a CAGR of 4.1% from 2023 to 2032.The hospitality sector's budget hotel market serves tourists looking for reasonably priced lodging options without sacrificing comfort and convenience. The increased demand from budget-conscious travelers, including tourists, entrepreneurs, and families, has propelled this market's growth throughout the years. Budget hotels appeal to a wide range of demographics and offer a more affordable option of expensive and luxurious lodgings.
Budget hotels are distinguished by their affordable pricing, with the goal of offering a comfortable stay at a portion of the price of higher-end options. While specific features may vary, these accommodations often provide necessities like functional and clean rooms, minimal toiletries, Wi-Fi connectivity, and convenient locations that are frequently close to transportation hubs, tourist destinations, or commercial areas.
The global budget hotels market is analyzed on the basis of type, guest type, mode of booking, and region. By type, the market is divided into limited-service hotels, capsule hotels, hostels, motels, and others. As per guest type, the market is segmented into business travelers, leisure travelers, families, and others. Depending on the mode of booking, it is classified into online travel agency, hotel websites, direct booking, and others. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, Spain, and the rest of Europe), Asia-Pacific (China, India, Japan, Australia, Thailand, Vietnam, and the rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
There are several factors behind the growth of the budget hotel sector. Firstly, the number of potential clients looking for reasonably priced, yet comfortable housing has increased due to improved travel accessibility and an expanding middle-class population. Second, shifting customer preferences favor adventures and discovery over luxurious lodgings, which increases the demand for affordable accommodations.
Numerous hotel chains and independent operators have moved to the budget hotel market in response to this demand, creating fierce rivalry. This has promoted advances in technological integration, innovative marketing strategies, and efficient operations. Customers can now compare prices, read reviews, and make bookings with ease due to online booking systems and mobile apps, which have helped the industry expand.
But there are still challenges in the market for budget hotels. Challenges must be overcome in order to preserve the fine line between quality and cost-cutting strategies. The reputation of a hotel can be damaged by unfavorable reviews and bad customer service in the era of social media. As a result, in order to foster client loyalty and good word-of-mouth, successful budget hotels emphasize providing dependable services.
As a result, the growing market for budget hotels satisfies the needs of tourists who want to travel affordably without compromising on basic amenities. This industry is still developing in response to shifting consumer preferences and technology improvements because of its focus on affordability, necessary facilities, and advantageous locations. The budget hotel market is prepared to innovate and adapt as the tourism industry continues to be dynamic, ensuring its relevance going forward.
The major players operating in the global budget hotels market are G6 Hospitality LLC., Ibis Budget Hotel, OYO Hotels & Homes, easyHotel, Red roof inn & Suites, Super 8, Toyoko Inn, Travelodge, B&B HOTELS Group, and Premier Inn.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the budget hotels market analysis from 2022 to 2032 to identify the prevailing budget hotels market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the budget hotels market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global budget hotels market trends, key players, market segments, application areas, and market growth strategies.
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Key Market Segments
By Type
Limited Service Hotels
Capsule Hotels
Hostels
Motels
Others
By Guest Type
Business Travelers
Leisure Travelers
Families
Others
By Mode of Booking
Online Travel Agency
Hotel Websites
Direct Booking
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Thailand
Vietnam
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
easyHotel
Oravel Stays Limited
Travelodge Hotels Ltd.
B&B HOTELS Group
Whitbread PLC
Toyoko Inn Co., Ltd.
Red Roof Inn
G6 Hospitality LLC.
Wyndham Hotels & Resorts, Inc.
ibis Hotel
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- CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
- CHAPTER 2: EXECUTIVE SUMMARY
- 2.1. CXO Perspective
- CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter’s five forces analysis
- 3.3.1. Moderate bargaining power of suppliers
- 3.3.2. Moderate threat of new entrants
- 3.3.3. Moderate threat of substitutes
- 3.3.4. Moderate intensity of rivalry
- 3.3.5. Moderate bargaining power of buyers
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. A growing number of budget-conscious travelers
- 3.4.1.2. Rise of online booking platforms
- 3.4.1.3. Increasing travel and tourism
- 3.4.2. Restraints
- 3.4.2.1. Limited amenities
- 3.4.2.2. Growing concerns for quality services
- 3.4.3. Opportunities
- 3.4.3.1. Expansion in emerging markets
- CHAPTER 4: BUDGET HOTELS MARKET, BY TYPE
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Limited Service Hotels
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Capsule Hotels
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.4. Hostels
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
- 4.5. Motels
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
- 4.6. Others
- 4.6.1. Key market trends, growth factors and opportunities
- 4.6.2. Market size and forecast, by region
- 4.6.3. Market share analysis by country
- CHAPTER 5: BUDGET HOTELS MARKET, BY GUEST TYPE
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Business Travelers
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Leisure Travelers
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Families
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
- 5.5. Others
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
- CHAPTER 6: BUDGET HOTELS MARKET, BY MODE OF BOOKING
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Online Travel Agency
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. Hotel Websites
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
- 6.4. Direct Booking
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
- 6.5. Others
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by region
- 6.5.3. Market share analysis by country
- CHAPTER 7: BUDGET HOTELS MARKET, BY REGION
- 7.1. Overview
- 7.1.1. Market size and forecast By Region
- 7.2. North America
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by Type
- 7.2.3. Market size and forecast, by Guest Type
- 7.2.4. Market size and forecast, by Mode of Booking
- 7.2.5. Market size and forecast, by country
- 7.2.5.1. U.S.
- 7.2.5.1.1. Market size and forecast, by Type
- 7.2.5.1.2. Market size and forecast, by Guest Type
- 7.2.5.1.3. Market size and forecast, by Mode of Booking
- 7.2.5.2. Canada
- 7.2.5.2.1. Market size and forecast, by Type
- 7.2.5.2.2. Market size and forecast, by Guest Type
- 7.2.5.2.3. Market size and forecast, by Mode of Booking
- 7.2.5.3. Mexico
- 7.2.5.3.1. Market size and forecast, by Type
- 7.2.5.3.2. Market size and forecast, by Guest Type
- 7.2.5.3.3. Market size and forecast, by Mode of Booking
- 7.3. Europe
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by Type
- 7.3.3. Market size and forecast, by Guest Type
- 7.3.4. Market size and forecast, by Mode of Booking
- 7.3.5. Market size and forecast, by country
- 7.3.5.1. Germany
- 7.3.5.1.1. Market size and forecast, by Type
- 7.3.5.1.2. Market size and forecast, by Guest Type
- 7.3.5.1.3. Market size and forecast, by Mode of Booking
- 7.3.5.2. UK
- 7.3.5.2.1. Market size and forecast, by Type
- 7.3.5.2.2. Market size and forecast, by Guest Type
- 7.3.5.2.3. Market size and forecast, by Mode of Booking
- 7.3.5.3. France
- 7.3.5.3.1. Market size and forecast, by Type
- 7.3.5.3.2. Market size and forecast, by Guest Type
- 7.3.5.3.3. Market size and forecast, by Mode of Booking
- 7.3.5.4. Italy
- 7.3.5.4.1. Market size and forecast, by Type
- 7.3.5.4.2. Market size and forecast, by Guest Type
- 7.3.5.4.3. Market size and forecast, by Mode of Booking
- 7.3.5.5. Spain
- 7.3.5.5.1. Market size and forecast, by Type
- 7.3.5.5.2. Market size and forecast, by Guest Type
- 7.3.5.5.3. Market size and forecast, by Mode of Booking
- 7.3.5.6. Rest of Europe
- 7.3.5.6.1. Market size and forecast, by Type
- 7.3.5.6.2. Market size and forecast, by Guest Type
- 7.3.5.6.3. Market size and forecast, by Mode of Booking
- 7.4. Asia-Pacific
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by Type
- 7.4.3. Market size and forecast, by Guest Type
- 7.4.4. Market size and forecast, by Mode of Booking
- 7.4.5. Market size and forecast, by country
- 7.4.5.1. China
- 7.4.5.1.1. Market size and forecast, by Type
- 7.4.5.1.2. Market size and forecast, by Guest Type
- 7.4.5.1.3. Market size and forecast, by Mode of Booking
- 7.4.5.2. India
- 7.4.5.2.1. Market size and forecast, by Type
- 7.4.5.2.2. Market size and forecast, by Guest Type
- 7.4.5.2.3. Market size and forecast, by Mode of Booking
- 7.4.5.3. Japan
- 7.4.5.3.1. Market size and forecast, by Type
- 7.4.5.3.2. Market size and forecast, by Guest Type
- 7.4.5.3.3. Market size and forecast, by Mode of Booking
- 7.4.5.4. Australia
- 7.4.5.4.1. Market size and forecast, by Type
- 7.4.5.4.2. Market size and forecast, by Guest Type
- 7.4.5.4.3. Market size and forecast, by Mode of Booking
- 7.4.5.5. Thailand
- 7.4.5.5.1. Market size and forecast, by Type
- 7.4.5.5.2. Market size and forecast, by Guest Type
- 7.4.5.5.3. Market size and forecast, by Mode of Booking
- 7.4.5.6. Vietnam
- 7.4.5.6.1. Market size and forecast, by Type
- 7.4.5.6.2. Market size and forecast, by Guest Type
- 7.4.5.6.3. Market size and forecast, by Mode of Booking
- 7.4.5.7. Rest of Asia-Pacific
- 7.4.5.7.1. Market size and forecast, by Type
- 7.4.5.7.2. Market size and forecast, by Guest Type
- 7.4.5.7.3. Market size and forecast, by Mode of Booking
- 7.5. LAMEA
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by Type
- 7.5.3. Market size and forecast, by Guest Type
- 7.5.4. Market size and forecast, by Mode of Booking
- 7.5.5. Market size and forecast, by country
- 7.5.5.1. Latin America
- 7.5.5.1.1. Market size and forecast, by Type
- 7.5.5.1.2. Market size and forecast, by Guest Type
- 7.5.5.1.3. Market size and forecast, by Mode of Booking
- 7.5.5.2. Middle East
- 7.5.5.2.1. Market size and forecast, by Type
- 7.5.5.2.2. Market size and forecast, by Guest Type
- 7.5.5.2.3. Market size and forecast, by Mode of Booking
- 7.5.5.3. Africa
- 7.5.5.3.1. Market size and forecast, by Type
- 7.5.5.3.2. Market size and forecast, by Guest Type
- 7.5.5.3.3. Market size and forecast, by Mode of Booking
- CHAPTER 8: COMPETITIVE LANDSCAPE
- 8.1. Introduction
- 8.2. Top winning strategies
- 8.3. Product mapping of top 10 player
- 8.4. Competitive dashboard
- 8.5. Competitive heatmap
- 8.6. Top player positioning, 2022
- CHAPTER 9: COMPANY PROFILES
- 9.1. B&B HOTELS Group
- 9.1.1. Company overview
- 9.1.2. Key executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.2. easyHotel
- 9.2.1. Company overview
- 9.2.2. Key executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Key strategic moves and developments
- 9.3. ibis Hotel
- 9.3.1. Company overview
- 9.3.2. Key executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.3.6. Key strategic moves and developments
- 9.4. G6 Hospitality LLC.
- 9.4.1. Company overview
- 9.4.2. Key executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.4.6. Key strategic moves and developments
- 9.5. Oravel Stays Limited
- 9.5.1. Company overview
- 9.5.2. Key executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.5.6. Business performance
- 9.5.7. Key strategic moves and developments
- 9.6. Whitbread PLC
- 9.6.1. Company overview
- 9.6.2. Key executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.6.6. Business performance
- 9.6.7. Key strategic moves and developments
- 9.7. Red Roof Inn
- 9.7.1. Company overview
- 9.7.2. Key executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.8. Wyndham Hotels & Resorts, Inc.
- 9.8.1. Company overview
- 9.8.2. Key executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.8.6. Business performance
- 9.8.7. Key strategic moves and developments
- 9.9. Travelodge Hotels Ltd.
- 9.9.1. Company overview
- 9.9.2. Key executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.9.6. Business performance
- 9.9.7. Key strategic moves and developments
- 9.10. Toyoko Inn Co., Ltd.
- 9.10.1. Company overview
- 9.10.2. Key executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio
- LIST OF TABLES
- TABLE 01. GLOBAL BUDGET HOTELS MARKET, BY TYPE, 2022-2032 ($MILLION)
- TABLE 02. BUDGET HOTELS MARKET FOR LIMITED SERVICE HOTELS, BY REGION, 2022-2032 ($MILLION)
- TABLE 03. BUDGET HOTELS MARKET FOR CAPSULE HOTELS, BY REGION, 2022-2032 ($MILLION)
- TABLE 04. BUDGET HOTELS MARKET FOR HOSTELS, BY REGION, 2022-2032 ($MILLION)
- TABLE 05. BUDGET HOTELS MARKET FOR MOTELS, BY REGION, 2022-2032 ($MILLION)
- TABLE 06. BUDGET HOTELS MARKET FOR OTHERS, BY REGION, 2022-2032 ($MILLION)
- TABLE 07. GLOBAL BUDGET HOTELS MARKET, BY GUEST TYPE, 2022-2032 ($MILLION)
- TABLE 08. BUDGET HOTELS MARKET FOR BUSINESS TRAVELERS, BY REGION, 2022-2032 ($MILLION)
- TABLE 09. BUDGET HOTELS MARKET FOR LEISURE TRAVELERS, BY REGION, 2022-2032 ($MILLION)
- TABLE 10. BUDGET HOTELS MARKET FOR FAMILIES, BY REGION, 2022-2032 ($MILLION)
- TABLE 11. BUDGET HOTELS MARKET FOR OTHERS, BY REGION, 2022-2032 ($MILLION)
- TABLE 12. GLOBAL BUDGET HOTELS MARKET, BY MODE OF BOOKING, 2022-2032 ($MILLION)
- TABLE 13. BUDGET HOTELS MARKET FOR ONLINE TRAVEL AGENCY, BY REGION, 2022-2032 ($MILLION)
- TABLE 14. BUDGET HOTELS MARKET FOR HOTEL WEBSITES, BY REGION, 2022-2032 ($MILLION)
- TABLE 15. BUDGET HOTELS MARKET FOR DIRECT BOOKING, BY REGION, 2022-2032 ($MILLION)
- TABLE 16. BUDGET HOTELS MARKET FOR OTHERS, BY REGION, 2022-2032 ($MILLION)
- TABLE 17. BUDGET HOTELS MARKET, BY REGION, 2022-2032 ($MILLION)
- TABLE 18. NORTH AMERICA BUDGET HOTELS MARKET, BY TYPE, 2022-2032 ($MILLION)
- TABLE 19. NORTH AMERICA BUDGET HOTELS MARKET, BY GUEST TYPE, 2022-2032 ($MILLION)
- TABLE 20. NORTH AMERICA BUDGET HOTELS MARKET, BY MODE OF BOOKING, 2022-2032 ($MILLION)
- TABLE 21. NORTH AMERICA BUDGET HOTELS MARKET, BY COUNTRY, 2022-2032 ($MILLION)
- TABLE 22. U.S. BUDGET HOTELS MARKET, BY TYPE, 2022-2032 ($MILLION)
- TABLE 23. U.S. BUDGET HOTELS MARKET, BY GUEST TYPE, 2022-2032 ($MILLION)
- TABLE 24. U.S. BUDGET HOTELS MARKET, BY MODE OF BOOKING, 2022-2032 ($MILLION)
- TABLE 25. CANADA BUDGET HOTELS MARKET, BY TYPE, 2022-2032 ($MILLION)
- TABLE 26. CANADA BUDGET HOTELS MARKET, BY GUEST TYPE, 2022-2032 ($MILLION)
- TABLE 27. CANADA BUDGET HOTELS MARKET, BY MODE OF BOOKING, 2022-2032 ($MILLION)
- TABLE 28. MEXICO BUDGET HOTELS MARKET, BY TYPE, 2022-2032 ($MILLION)
- TABLE 29. MEXICO BUDGET HOTELS MARKET, BY GUEST TYPE, 2022-2032 ($MILLION)
- TABLE 30. MEXICO BUDGET HOTELS MARKET, BY MODE OF BOOKING, 2022-2032 ($MILLION)
- TABLE 31. EUROPE BUDGET HOTELS MARKET, BY TYPE, 2022-2032 ($MILLION)
- TABLE 32. EUROPE BUDGET HOTELS MARKET, BY GUEST TYPE, 2022-2032 ($MILLION)
- TABLE 33. EUROPE BUDGET HOTELS MARKET, BY MODE OF BOOKING, 2022-2032 ($MILLION)
- TABLE 34. EUROPE BUDGET HOTELS MARKET, BY COUNTRY, 2022-2032 ($MILLION)
- TABLE 35. GERMANY BUDGET HOTELS MARKET, BY TYPE, 2022-2032 ($MILLION)
- TABLE 36. GERMANY BUDGET HOTELS MARKET, BY GUEST TYPE, 2022-2032 ($MILLION)
- TABLE 37. GERMANY BUDGET HOTELS MARKET, BY MODE OF BOOKING, 2022-2032 ($MILLION)
- TABLE 38. UK BUDGET HOTELS MARKET, BY TYPE, 2022-2032 ($MILLION)
- TABLE 39. UK BUDGET HOTELS MARKET, BY GUEST TYPE, 2022-2032 ($MILLION)
- TABLE 40. UK BUDGET HOTELS MARKET, BY MODE OF BOOKING, 2022-2032 ($MILLION)
- TABLE 41. FRANCE BUDGET HOTELS MARKET, BY TYPE, 2022-2032 ($MILLION)
- TABLE 42. FRANCE BUDGET HOTELS MARKET, BY GUEST TYPE, 2022-2032 ($MILLION)
- TABLE 43. FRANCE BUDGET HOTELS MARKET, BY MODE OF BOOKING, 2022-2032 ($MILLION)
- TABLE 44. ITALY BUDGET HOTELS MARKET, BY TYPE, 2022-2032 ($MILLION)
- TABLE 45. ITALY BUDGET HOTELS MARKET, BY GUEST TYPE, 2022-2032 ($MILLION)
- TABLE 46. ITALY BUDGET HOTELS MARKET, BY MODE OF BOOKING, 2022-2032 ($MILLION)
- TABLE 47. SPAIN BUDGET HOTELS MARKET, BY TYPE, 2022-2032 ($MILLION)
- TABLE 48. SPAIN BUDGET HOTELS MARKET, BY GUEST TYPE, 2022-2032 ($MILLION)
- TABLE 49. SPAIN BUDGET HOTELS MARKET, BY MODE OF BOOKING, 2022-2032 ($MILLION)
- TABLE 50. REST OF EUROPE BUDGET HOTELS MARKET, BY TYPE, 2022-2032 ($MILLION)
- TABLE 51. REST OF EUROPE BUDGET HOTELS MARKET, BY GUEST TYPE, 2022-2032 ($MILLION)
- TABLE 52. REST OF EUROPE BUDGET HOTELS MARKET, BY MODE OF BOOKING, 2022-2032 ($MILLION)
- TABLE 53. ASIA-PACIFIC BUDGET HOTELS MARKET, BY TYPE, 2022-2032 ($MILLION)
- TABLE 54. ASIA-PACIFIC BUDGET HOTELS MARKET, BY GUEST TYPE, 2022-2032 ($MILLION)
- TABLE 55. ASIA-PACIFIC BUDGET HOTELS MARKET, BY MODE OF BOOKING, 2022-2032 ($MILLION)
- TABLE 56. ASIA-PACIFIC BUDGET HOTELS MARKET, BY COUNTRY, 2022-2032 ($MILLION)
- TABLE 57. CHINA BUDGET HOTELS MARKET, BY TYPE, 2022-2032 ($MILLION)
- TABLE 58. CHINA BUDGET HOTELS MARKET, BY GUEST TYPE, 2022-2032 ($MILLION)
- TABLE 59. CHINA BUDGET HOTELS MARKET, BY MODE OF BOOKING, 2022-2032 ($MILLION)
- TABLE 60. INDIA BUDGET HOTELS MARKET, BY TYPE, 2022-2032 ($MILLION)
- TABLE 61. INDIA BUDGET HOTELS MARKET, BY GUEST TYPE, 2022-2032 ($MILLION)
- TABLE 62. INDIA BUDGET HOTELS MARKET, BY MODE OF BOOKING, 2022-2032 ($MILLION)
- TABLE 63. JAPAN BUDGET HOTELS MARKET, BY TYPE, 2022-2032 ($MILLION)
- TABLE 64. JAPAN BUDGET HOTELS MARKET, BY GUEST TYPE, 2022-2032 ($MILLION)
- TABLE 65. JAPAN BUDGET HOTELS MARKET, BY MODE OF BOOKING, 2022-2032 ($MILLION)
- TABLE 66. AUSTRALIA BUDGET HOTELS MARKET, BY TYPE, 2022-2032 ($MILLION)
- TABLE 67. AUSTRALIA BUDGET HOTELS MARKET, BY GUEST TYPE, 2022-2032 ($MILLION)
- TABLE 68. AUSTRALIA BUDGET HOTELS MARKET, BY MODE OF BOOKING, 2022-2032 ($MILLION)
- TABLE 69. THAILAND BUDGET HOTELS MARKET, BY TYPE, 2022-2032 ($MILLION)
- TABLE 70. THAILAND BUDGET HOTELS MARKET, BY GUEST TYPE, 2022-2032 ($MILLION)
- TABLE 71. THAILAND BUDGET HOTELS MARKET, BY MODE OF BOOKING, 2022-2032 ($MILLION)
- TABLE 72. VIETNAM BUDGET HOTELS MARKET, BY TYPE, 2022-2032 ($MILLION)
- TABLE 73. VIETNAM BUDGET HOTELS MARKET, BY GUEST TYPE, 2022-2032 ($MILLION)
- TABLE 74. VIETNAM BUDGET HOTELS MARKET, BY MODE OF BOOKING, 2022-2032 ($MILLION)
- TABLE 75. REST OF ASIA-PACIFIC BUDGET HOTELS MARKET, BY TYPE, 2022-2032 ($MILLION)
- TABLE 76. REST OF ASIA-PACIFIC BUDGET HOTELS MARKET, BY GUEST TYPE, 2022-2032 ($MILLION)
- TABLE 77. REST OF ASIA-PACIFIC BUDGET HOTELS MARKET, BY MODE OF BOOKING, 2022-2032 ($MILLION)
- TABLE 78. LAMEA BUDGET HOTELS MARKET, BY TYPE, 2022-2032 ($MILLION)
- TABLE 79. LAMEA BUDGET HOTELS MARKET, BY GUEST TYPE, 2022-2032 ($MILLION)
- TABLE 80. LAMEA BUDGET HOTELS MARKET, BY MODE OF BOOKING, 2022-2032 ($MILLION)
- TABLE 81. LAMEA BUDGET HOTELS MARKET, BY COUNTRY, 2022-2032 ($MILLION)
- TABLE 82. LATIN AMERICA BUDGET HOTELS MARKET, BY TYPE, 2022-2032 ($MILLION)
- TABLE 83. LATIN AMERICA BUDGET HOTELS MARKET, BY GUEST TYPE, 2022-2032 ($MILLION)
- TABLE 84. LATIN AMERICA BUDGET HOTELS MARKET, BY MODE OF BOOKING, 2022-2032 ($MILLION)
- TABLE 85. MIDDLE EAST BUDGET HOTELS MARKET, BY TYPE, 2022-2032 ($MILLION)
- TABLE 86. MIDDLE EAST BUDGET HOTELS MARKET, BY GUEST TYPE, 2022-2032 ($MILLION)
- TABLE 87. MIDDLE EAST BUDGET HOTELS MARKET, BY MODE OF BOOKING, 2022-2032 ($MILLION)
- TABLE 88. AFRICA BUDGET HOTELS MARKET, BY TYPE, 2022-2032 ($MILLION)
- TABLE 89. AFRICA BUDGET HOTELS MARKET, BY GUEST TYPE, 2022-2032 ($MILLION)
- TABLE 90. AFRICA BUDGET HOTELS MARKET, BY MODE OF BOOKING, 2022-2032 ($MILLION)
- TABLE 91. B&B HOTELS GROUP: KEY EXECUTIVES
- TABLE 92. B&B HOTELS GROUP: COMPANY SNAPSHOT
- TABLE 93. B&B HOTELS GROUP: SERVICE SEGMENTS
- TABLE 94. B&B HOTELS GROUP: PRODUCT PORTFOLIO
- TABLE 95. EASYHOTEL: KEY EXECUTIVES
- TABLE 96. EASYHOTEL: COMPANY SNAPSHOT
- TABLE 97. EASYHOTEL: SERVICE SEGMENTS
- TABLE 98. EASYHOTEL: PRODUCT PORTFOLIO
- TABLE 99. EASYHOTEL: KEY STRATERGIES
- TABLE 100. IBIS HOTEL: KEY EXECUTIVES
- TABLE 101. IBIS HOTEL: COMPANY SNAPSHOT
- TABLE 102. IBIS HOTEL: SERVICE SEGMENTS
- TABLE 103. IBIS HOTEL: PRODUCT PORTFOLIO
- TABLE 104. IBIS HOTEL: KEY STRATERGIES
- TABLE 105. G6 HOSPITALITY LLC.: KEY EXECUTIVES
- TABLE 106. G6 HOSPITALITY LLC.: COMPANY SNAPSHOT
- TABLE 107. G6 HOSPITALITY LLC.: SERVICE SEGMENTS
- TABLE 108. G6 HOSPITALITY LLC.: PRODUCT PORTFOLIO
- TABLE 109. G6 HOSPITALITY LLC.: KEY STRATERGIES
- TABLE 110. ORAVEL STAYS LIMITED: KEY EXECUTIVES
- TABLE 111. ORAVEL STAYS LIMITED: COMPANY SNAPSHOT
- TABLE 112. ORAVEL STAYS LIMITED: SERVICE SEGMENTS
- TABLE 113. ORAVEL STAYS LIMITED: PRODUCT PORTFOLIO
- TABLE 114. ORAVEL STAYS LIMITED: KEY STRATERGIES
- TABLE 115. WHITBREAD PLC: KEY EXECUTIVES
- TABLE 116. WHITBREAD PLC: COMPANY SNAPSHOT
- TABLE 117. WHITBREAD PLC: SERVICE SEGMENTS
- TABLE 118. WHITBREAD PLC: PRODUCT PORTFOLIO
- TABLE 119. WHITBREAD PLC: KEY STRATERGIES
- TABLE 120. RED ROOF INN: KEY EXECUTIVES
- TABLE 121. RED ROOF INN: COMPANY SNAPSHOT
- TABLE 122. RED ROOF INN: SERVICE SEGMENTS
- TABLE 123. RED ROOF INN: PRODUCT PORTFOLIO
- TABLE 124. WYNDHAM HOTELS & RESORTS, INC.: KEY EXECUTIVES
- TABLE 125. WYNDHAM HOTELS & RESORTS, INC.: COMPANY SNAPSHOT
- TABLE 126. WYNDHAM HOTELS & RESORTS, INC.: SERVICE SEGMENTS
- TABLE 127. WYNDHAM HOTELS & RESORTS, INC.: PRODUCT PORTFOLIO
- TABLE 128. WYNDHAM HOTELS & RESORTS, INC.: KEY STRATERGIES
- TABLE 129. TRAVELODGE HOTELS LTD.: KEY EXECUTIVES
- TABLE 130. TRAVELODGE HOTELS LTD.: COMPANY SNAPSHOT
- TABLE 131. TRAVELODGE HOTELS LTD.: SERVICE SEGMENTS
- TABLE 132. TRAVELODGE HOTELS LTD.: PRODUCT PORTFOLIO
- TABLE 133. TRAVELODGE HOTELS LTD.: KEY STRATERGIES
- TABLE 134. TOYOKO INN CO., LTD.: KEY EXECUTIVES
- TABLE 135. TOYOKO INN CO., LTD.: COMPANY SNAPSHOT
- TABLE 136. TOYOKO INN CO., LTD.: SERVICE SEGMENTS
- TABLE 137. TOYOKO INN CO., LTD.: PRODUCT PORTFOLIO
- LIST OF FIGURES
- FIGURE 01. BUDGET HOTELS MARKET, 2022-2032
- FIGURE 02. SEGMENTATION OF BUDGET HOTELS MARKET,2022-2032
- FIGURE 03. TOP IMPACTING FACTORS IN BUDGET HOTELS MARKET
- FIGURE 04. TOP INVESTMENT POCKETS IN BUDGET HOTELS MARKET (2023-2032)
- FIGURE 05. MODERATE BARGAINING POWER OF SUPPLIERS
- FIGURE 06. MODERATE THREAT OF NEW ENTRANTS
- FIGURE 07. MODERATE THREAT OF SUBSTITUTES
- FIGURE 08. MODERATE INTENSITY OF RIVALRY
- FIGURE 09. MODERATE BARGAINING POWER OF BUYERS
- FIGURE 10. GLOBAL BUDGET HOTELS MARKET:DRIVERS, RESTRAINTS AND OPPORTUNITIES
- FIGURE 11. BUDGET HOTELS MARKET, BY TYPE, 2022 AND 2032(%)
- FIGURE 12. COMPARATIVE SHARE ANALYSIS OF BUDGET HOTELS MARKET FOR LIMITED SERVICE HOTELS, BY COUNTRY 2022 AND 2032(%)
- FIGURE 13. COMPARATIVE SHARE ANALYSIS OF BUDGET HOTELS MARKET FOR CAPSULE HOTELS, BY COUNTRY 2022 AND 2032(%)
- FIGURE 14. COMPARATIVE SHARE ANALYSIS OF BUDGET HOTELS MARKET FOR HOSTELS, BY COUNTRY 2022 AND 2032(%)
- FIGURE 15. COMPARATIVE SHARE ANALYSIS OF BUDGET HOTELS MARKET FOR MOTELS, BY COUNTRY 2022 AND 2032(%)
- FIGURE 16. COMPARATIVE SHARE ANALYSIS OF BUDGET HOTELS MARKET FOR OTHERS, BY COUNTRY 2022 AND 2032(%)
- FIGURE 17. BUDGET HOTELS MARKET, BY GUEST TYPE, 2022 AND 2032(%)
- FIGURE 18. COMPARATIVE SHARE ANALYSIS OF BUDGET HOTELS MARKET FOR BUSINESS TRAVELERS, BY COUNTRY 2022 AND 2032(%)
- FIGURE 19. COMPARATIVE SHARE ANALYSIS OF BUDGET HOTELS MARKET FOR LEISURE TRAVELERS, BY COUNTRY 2022 AND 2032(%)
- FIGURE 20. COMPARATIVE SHARE ANALYSIS OF BUDGET HOTELS MARKET FOR FAMILIES, BY COUNTRY 2022 AND 2032(%)
- FIGURE 21. COMPARATIVE SHARE ANALYSIS OF BUDGET HOTELS MARKET FOR OTHERS, BY COUNTRY 2022 AND 2032(%)
- FIGURE 22. BUDGET HOTELS MARKET, BY MODE OF BOOKING, 2022 AND 2032(%)
- FIGURE 23. COMPARATIVE SHARE ANALYSIS OF BUDGET HOTELS MARKET FOR ONLINE TRAVEL AGENCY, BY COUNTRY 2022 AND 2032(%)
- FIGURE 24. COMPARATIVE SHARE ANALYSIS OF BUDGET HOTELS MARKET FOR HOTEL WEBSITES, BY COUNTRY 2022 AND 2032(%)
- FIGURE 25. COMPARATIVE SHARE ANALYSIS OF BUDGET HOTELS MARKET FOR DIRECT BOOKING, BY COUNTRY 2022 AND 2032(%)
- FIGURE 26. COMPARATIVE SHARE ANALYSIS OF BUDGET HOTELS MARKET FOR OTHERS, BY COUNTRY 2022 AND 2032(%)
- FIGURE 27. BUDGET HOTELS MARKET BY REGION, 2022 AND 2032(%)
- FIGURE 28. U.S. BUDGET HOTELS MARKET, 2022-2032 ($MILLION)
- FIGURE 29. CANADA BUDGET HOTELS MARKET, 2022-2032 ($MILLION)
- FIGURE 30. MEXICO BUDGET HOTELS MARKET, 2022-2032 ($MILLION)
- FIGURE 31. GERMANY BUDGET HOTELS MARKET, 2022-2032 ($MILLION)
- FIGURE 32. UK BUDGET HOTELS MARKET, 2022-2032 ($MILLION)
- FIGURE 33. FRANCE BUDGET HOTELS MARKET, 2022-2032 ($MILLION)
- FIGURE 34. ITALY BUDGET HOTELS MARKET, 2022-2032 ($MILLION)
- FIGURE 35. SPAIN BUDGET HOTELS MARKET, 2022-2032 ($MILLION)
- FIGURE 36. REST OF EUROPE BUDGET HOTELS MARKET, 2022-2032 ($MILLION)
- FIGURE 37. CHINA BUDGET HOTELS MARKET, 2022-2032 ($MILLION)
- FIGURE 38. INDIA BUDGET HOTELS MARKET, 2022-2032 ($MILLION)
- FIGURE 39. JAPAN BUDGET HOTELS MARKET, 2022-2032 ($MILLION)
- FIGURE 40. AUSTRALIA BUDGET HOTELS MARKET, 2022-2032 ($MILLION)
- FIGURE 41. THAILAND BUDGET HOTELS MARKET, 2022-2032 ($MILLION)
- FIGURE 42. VIETNAM BUDGET HOTELS MARKET, 2022-2032 ($MILLION)
- FIGURE 43. REST OF ASIA-PACIFIC BUDGET HOTELS MARKET, 2022-2032 ($MILLION)
- FIGURE 44. LATIN AMERICA BUDGET HOTELS MARKET, 2022-2032 ($MILLION)
- FIGURE 45. MIDDLE EAST BUDGET HOTELS MARKET, 2022-2032 ($MILLION)
- FIGURE 46. AFRICA BUDGET HOTELS MARKET, 2022-2032 ($MILLION)
- FIGURE 47. TOP WINNING STRATEGIES, BY YEAR (2020-2023)
- FIGURE 48. TOP WINNING STRATEGIES, BY DEVELOPMENT (2020-2023)
- FIGURE 49. TOP WINNING STRATEGIES, BY COMPANY (2020-2023)
- FIGURE 50. PRODUCT MAPPING OF TOP 10 PLAYERS
- FIGURE 51. COMPETITIVE DASHBOARD
- FIGURE 52. COMPETITIVE HEATMAP: BUDGET HOTELS MARKET
- FIGURE 53. TOP PLAYER POSITIONING, 2022
- FIGURE 54. ORAVEL STAYS LIMITED: NET REVENUE, 2020-2021 ($MILLION)
- FIGURE 55. WHITBREAD PLC: NET REVENUE, 2020-2022 ($MILLION)
- FIGURE 56. WHITBREAD PLC: REVENUE SHARE BY SEGMENT, 2022 (%)
- FIGURE 57. WYNDHAM HOTELS & RESORTS, INC.: NET REVENUE, 2020-2022 ($MILLION)
- FIGURE 58. WYNDHAM HOTELS & RESORTS, INC.: REVENUE SHARE BY SEGMENT, 2022 (%)
- FIGURE 59. WYNDHAM HOTELS & RESORTS, INC.: REVENUE SHARE BY REGION, 2022 (%)
- FIGURE 60. TRAVELODGE HOTELS LTD.: NET REVENUE, 2020-2022 ($MILLION)
- FIGURE 61. TRAVELODGE HOTELS LTD.: REVENUE SHARE BY REGION, 2022 (%)
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