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Budget Hotels Global Market Report 2025
Global Budget Hotels Market Report 2025

Report Price : $4490.00

Pages : 175

Format : PDF

Published : December 2025

Delivery Time : 2-3 Business Days

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Budget Hotels Global Market Report 2025

By Type (Business Hotels, Airport Hotels, Suite Hotels, Serviced Apartments, Resorts), By Amenities (Free Wi-Fi, Parking, Airport Shuttle, Breakfast), By Price Range (Economy, Mid-Range, Luxury), By Mode Of Booking (Online Travel Agency, Hotel Websites, Direct Booking, Other Modes Of Booking), By Application (Private, Commercial, Government) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Budget Hotels Market Overview

• Budget Hotels market size has reached to $284.83 billion in 2024

• Expected to grow to $366.82 billion in 2029 at a compound annual growth rate (CAGR) of 5.2%

• Growth Driver: Rising Travel And Tourism Drives Growth In The Budget Hotels Market

• Market Trend: Integrating Technology In Budget Hotels Enhance Customer Service and Operational Efficiency

North America was the largest region in 2024.

What Is Covered Under Budget Hotels Market?

Budget hotels are affordable accommodation options that offer basic amenities and services at lower prices compared to mid-range or luxury hotels. They cater to cost-conscious travelers, providing essential comforts such as clean rooms, free Wi-Fi, and often breakfast, without the frills of higher-end hotels.

The main types of budget hotels are business hotels, airport hotels, suite hotels, serviced apartments, and resorts. Business hotels refer to accommodations specifically designed to cater to the needs of business travelers, offering amenities such as meeting rooms, high-speed internet, and convenient locations. They typically feature amenities such as free wi-fi, Parking, airport shuttles, and breakfast, and are available in price ranges including economy, mid-range, and luxury. Booking modes include online travel agencies, hotel websites, direct booking, and others, serving various applications in private, commercial, and government.

Budget Hotels Market Size and growth rate 2025 to 2029: Graph

What Is The Budget Hotels Market Size 2025 And Growth Rate?

The budget hotels market size has grown strongly in recent years. It will grow from $284.83 billion in 2024 to $299.14 billion in 2025 at a compound annual growth rate (CAGR) of 5.0%. The growth in the historic period can be attributed to increased demand for budget-friendly accommodation options during economic downturns and uncertainties, rise in local travel due to pandemic-related restrictions on international travel, increased popularity of online platforms, enhanced quality and variety of amenities offered by budget hotels to attract more guests, growth in budget-conscious business travelers seeking cost-effective accommodation.

What Is The Budget Hotels Market Growth Forecast?

The budget hotels market size is expected to see strong growth in the next few years. It will grow to $366.82 billion in 2029 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to the continued preference for budget hotels due to ongoing economic challenges and inflation, a growing number of digital nomads seeking affordable long-term stays in budget hotels, continued focus on hygiene and safety standards, attracting budget-conscious travelers, increase in solo travelers and backpackers opting for budget-friendly accommodation, travelers becoming more cost-conscious, seeking value-for-money accommodation. Major trends in the forecast period include the implementation of AI-powered customer service, integration of local experiences, stylish and unique budget hotels, technology-driven personalization, and incorporation of wellness amenities such as fitness centers, healthy dining options, and wellness programs.

The forecast of 5.2% growth over the next five years reflects a slight reduction of 0.1% from the previous projection. This reduction is primarily due to the impact of tariffs between the US and other countries. The U.S. may experience rising operational expenditures as tariffs on imported linens, room electronics, and amenity kits from China and Turkey elevate procurement costs for budget accommodations. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

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What’s The Trade War Impact On Services Industry?

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the services sector, particularly in business services, IT, and professional consulting operations. Higher costs for imported technology, office equipment, and essential digital infrastructure have raised operating expenses for service providers, forcing them to either pass on costs to clients or absorb margin pressures. Outsourcing firms and IT service companies are also facing challenges due to increased costs of hardware components and delayed global supply chains, affecting project delivery timelines and profitability. Additionally, retaliatory tariffs have dampened demand for U.S.-based professional services in key international markets, leading to a slowdown in export-driven revenue streams. The sector must now prioritize digital transformation, cost optimization, and expanding domestic client bases to sustain growth and maintain competitiveness amid ongoing trade uncertainty.

How Is The Budget Hotels Market Segmented?

1) By Type: Business Hotels, Airport Hotels, Suite Hotels, Serviced Apartments, Resorts

2) By Amenities: Free Wi-Fi, Parking, Airport Shuttle, Breakfast

3) By Price Range: Economy, Mid-Range, Luxury

4) By Mode Of Booking: Online Travel Agency, Hotel Websites, Direct Booking, Other Modes Of Booking

5) By Application: Private, Commercial, Government

Subsegments:

1) By Business Hotels: Economy Business Hotels, Budget Corporate Hotels, Business Hotels With Conference Facilities

2) By Airport Hotels: Budget Airport Hotels (Transit Hotels), Economy Airport Hotels With Shuttle Services

3) By Suite Hotels: Budget All-Suite Hotels, Extended Stay Suite Hotels, Affordable Luxury Suite Hotels

4) By Serviced Apartments: Budget Serviced Apartments, Economy Extended Stay Apartments, Affordable Short-Term Rental Apartments

5) Resorts: Budget Beach Resorts, Affordable Mountain Resorts, Economy Wellness Resorts

What Is Driving The Budget Hotels Market? Rising Travel And Tourism Drives Growth In The Budget Hotels Market

The increasing travel and tourism is expected to propel the growth of the budget hotel market going forward. Travel and tourism refer to the activities of people traveling away from their usual environment for leisure, business, or other purposes, and the industry that supports and facilitates these activities. The demand for travel and tourism is growing due to rising disposable incomes, increased global connectivity, and a growing desire for unique experiences and cultural exploration. Tours and tourism use budget hotels to offer affordable accommodation options for travelers, enhancing accessibility and inclusivity in their travel experiences. For instance, in May 2024, according to the Office for National Statistics, a UK-based national statistical institute, the UK saw a rise in overseas visitors, with 38.0 million trips compared in 2023 to 31.2 million in 2022. These visitors spent $39.95 billion (£31.1 billion), an increase of $5.91 billion (£4.6 billion) from the previous year. Therefore, increasing travel and tourism will drive the budget hotel industry.

Who Are The Major Players In The Global Budget Hotels Market?

Major companies operating in the budget hotels market are Holiday Inn Express, InterContinental Hotels Group, Whitbread PLC, Choice Hotels International, Extended Stay America Inc., Premier Inn Limited, Travelodge Hotels Ltd, Red Roof Franchising LLC, Oravel Stays Limited, Toyoko Inn Co. Ltd., Econo Lodges of America Inc., B&B HOTELS Group, G6 Hospitality LLC, La Quinta Inns Inc., easyHotel, HotelF1, Future Inns UK Limited, Campanile Ltd, Bannatyne Hotels Limited, IBIS Hotel, Balladins Hotels, Dolby Hotel Liverpool Limited, Days Inns Worldwide Inc.

What Are The Key Trends Of The Global Budget Hotels Market? Integrating Technology In Budget Hotels Enhance Customer Service and Operational Efficiency

Major companies operating in the budget hotel market focused on the integration of large language model technology to enhance customer service and optimize operational efficiency. Large language model technology refers to advanced AI systems that understand and generate human-like text based on vast amounts of data. For instance, in June 2023, Booking Holdings Inc., a US-based provider of online travel and related services, launched a new AI Trip Planner featuring a conversational interface that lets travelers ask questions, seek inspiration, and refine their searches in real-time. The tool provides personalized recommendations for destinations and accommodations based on individual preferences and allows users to create detailed itineraries for various cities, countries, or regions. Integrated with the Booking.com app, IT displays pricing and offers direct links to accommodation details, enabling users to book recommended options with a single tap.

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What Are Latest Mergers And Acquisitions In The Budget Hotels Market? Travelodge Expands Reach With Acquisition Of Hotels From LXi REIT

In February 2024, Travelodge Hotels Limited, a UK-based hospitality company, acquired 66 hotels from LXi REIT for $266 million. Through this acquisition of 66 hotels across London, the Midlands, and Northern England, Travelodge gains greater control over the assets, facilitating enhanced value creation. LXi REIT is a UK-based closed-end real estate investment company.

What Is The Regional Outlook For The Global Budget Hotels Market?

North America was the largest region in the budget hotels market in 2024. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Budget Hotels Market?

The budget hotels market includes revenues earned by entities by providing services such as basic accommodation, front desk service, and standard amenities. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Budget Hotels Industry?

The budget hotels market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the budget hotels industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Budget Hotels Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2025 $299.14 billion
Revenue Forecast In 2034 $366.82 billion
Growth Rate CAGR of 5.2% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 1) By Type: Business Hotels, Airport Hotels, Suite Hotels, Serviced Apartments, Resorts
2) By Amenities: Free Wi-Fi, Parking, Airport Shuttle, Breakfast
3) By Price Range: Economy, Mid-Range, Luxury
4) By Mode Of Booking: Online Travel Agency, Hotel Websites, Direct Booking, Other Modes Of Booking
5) By Application: Private, Commercial, Government Subsegments: 1) By Business Hotels: Economy Business Hotels, Budget Corporate Hotels, Business Hotels With Conference Facilities
2) By Airport Hotels: Budget Airport Hotels (Transit Hotels), Economy Airport Hotels With Shuttle Services
3) By Suite Hotels: Budget All-Suite Hotels, Extended Stay Suite Hotels, Affordable Luxury Suite Hotels
4) By Serviced Apartments: Budget Serviced Apartments, Economy Extended Stay Apartments, Affordable Short-Term Rental Apartments
5) Resorts: Budget Beach Resorts, Affordable Mountain Resorts, Economy Wellness Resorts
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Holiday Inn Express, InterContinental Hotels Group, Whitbread PLC, Choice Hotels International, Extended Stay America Inc., Premier Inn Limited, Travelodge Hotels Ltd, Red Roof Franchising LLC, Oravel Stays Limited, Toyoko Inn Co. Ltd., Econo Lodges of America Inc., B&B HOTELS Group, G6 Hospitality LLC, La Quinta Inns Inc., easyHotel, HotelF1, Future Inns UK Limited, Campanile Ltd, Bannatyne Hotels Limited, IBIS Hotel, Balladins Hotels, Dolby Hotel Liverpool Limited, Days Inns Worldwide Inc.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

Table Of Contents

1. Executive Summary

2. Budget Hotels Market Characteristics

3. Budget Hotels Market Trends And Strategies

4. Budget Hotels Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Budget Hotels Growth Analysis And Strategic Analysis Framework

5.1. Global Budget Hotels PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Budget Hotels Market Growth Rate Analysis

5.4. Global Budget Hotels Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Budget Hotels Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Budget Hotels Total Addressable Market (TAM)

6. Budget Hotels Market Segmentation

6.1. Global Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Business Hotels

Airport Hotels

Suite Hotels

Serviced Apartments

Resorts

6.2. Global Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Free Wi-Fi

Parking

Airport Shuttle

Breakfast

6.3. Global Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Economy

Mid-Range

Luxury

6.4. Global Budget Hotels Market, Segmentation By Mode Of Booking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Online Travel Agency

Hotel Websites

Direct Booking

Other Modes Of Booking

6.5. Global Budget Hotels Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Private

Commercial

Government

6.6. Global Budget Hotels Market, Sub-Segmentation Of Business Hotels, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Economy Business Hotels

Budget Corporate Hotels

Business Hotels With Conference Facilities

6.7. Global Budget Hotels Market, Sub-Segmentation Of Airport Hotels, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Budget Airport Hotels (Transit Hotels)

Economy Airport Hotels With Shuttle Services

6.8. Global Budget Hotels Market, Sub-Segmentation Of Suite Hotels, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Budget All-Suite Hotels

Extended Stay Suite Hotels

Affordable Luxury Suite Hotels

6.9. Global Budget Hotels Market, Sub-Segmentation Of Serviced Apartments, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Budget Serviced Apartments

Economy Extended Stay Apartments

Affordable Short-Term Rental Apartments

6.10. Global Budget Hotels Market, Sub-Segmentation Of Resorts, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Budget Beach Resorts

Affordable Mountain Resorts

Economy Wellness Resorts

7. Budget Hotels Market Regional And Country Analysis

7.1. Global Budget Hotels Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Budget Hotels Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Budget Hotels Market

8.1. Asia-Pacific Budget Hotels Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Budget Hotels Market

9.1. China Budget Hotels Market Overview

9.2. China Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Budget Hotels Market

10.1. India Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Budget Hotels Market

11.1. Japan Budget Hotels Market Overview

11.2. Japan Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Budget Hotels Market

12.1. Australia Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Budget Hotels Market

13.1. Indonesia Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Budget Hotels Market

14.1. South Korea Budget Hotels Market Overview

14.2. South Korea Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Budget Hotels Market

15.1. Western Europe Budget Hotels Market Overview

15.2. Western Europe Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Budget Hotels Market

16.1. UK Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Budget Hotels Market

17.1. Germany Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Budget Hotels Market

18.1. France Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Budget Hotels Market

19.1. Italy Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Budget Hotels Market

20.1. Spain Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Budget Hotels Market

21.1. Eastern Europe Budget Hotels Market Overview

21.2. Eastern Europe Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Budget Hotels Market

22.1. Russia Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Budget Hotels Market

23.1. North America Budget Hotels Market Overview

23.2. North America Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Budget Hotels Market

24.1. USA Budget Hotels Market Overview

24.2. USA Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Budget Hotels Market

25.1. Canada Budget Hotels Market Overview

25.2. Canada Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Budget Hotels Market

26.1. South America Budget Hotels Market Overview

26.2. South America Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Budget Hotels Market

27.1. Brazil Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Budget Hotels Market

28.1. Middle East Budget Hotels Market Overview

28.2. Middle East Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Budget Hotels Market

29.1. Africa Budget Hotels Market Overview

29.2. Africa Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Budget Hotels Market Competitive Landscape And Company Profiles

30.1. Budget Hotels Market Competitive Landscape

30.2. Budget Hotels Market Company Profiles

30.2.1. Holiday Inn Express Overview, Products and Services, Strategy and Financial Analysis

30.2.2. InterContinental Hotels Group Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Whitbread PLC Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Choice Hotels International Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Extended Stay America Inc. Overview, Products and Services, Strategy and Financial Analysis

31. Budget Hotels Market Other Major And Innovative Companies

31.1. Premier Inn Limited

31.2. Travelodge Hotels Ltd

31.3. Red Roof Franchising LLC

31.4. Oravel Stays Limited

31.5. Toyoko Inn Co. Ltd.

31.6. Econo Lodges of America Inc.

31.7. B&B HOTELS Group

31.8. G6 Hospitality LLC

31.9. La Quinta Inns Inc.

31.10. easyHotel

31.11. HotelF1

31.12. Future Inns UK Limited

31.13. Campanile Ltd

31.14. Bannatyne Hotels Limited

31.15. IBIS Hotel

32. Global Budget Hotels Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Budget Hotels Market

34. Recent Developments In The Budget Hotels Market

35. Budget Hotels Market High Potential Countries, Segments and Strategies

35.1 Budget Hotels Market In 2029 - Countries Offering Most New Opportunities

35.2 Budget Hotels Market In 2029 - Segments Offering Most New Opportunities

35.3 Budget Hotels Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Budget Hotels Market, Segmentation By Mode Of Booking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Budget Hotels Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Budget Hotels Market, Sub-Segmentation Of Business Hotels, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Budget Hotels Market, Sub-Segmentation Of Airport Hotels, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Budget Hotels Market, Sub-Segmentation Of Suite Hotels, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Global Budget Hotels Market, Sub-Segmentation Of Serviced Apartments, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Global Budget Hotels Market, Sub-Segmentation Of Resorts, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Global Budget Hotels Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: Global Budget Hotels Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: Asia-Pacific, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: Asia-Pacific, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: Asia-Pacific, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: China, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: China, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: China, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: India, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: India, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: India, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Japan, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Japan, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Japan, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Australia, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Australia, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: Australia, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: Indonesia, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: Indonesia, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: Indonesia, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: South Korea, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: South Korea, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: South Korea, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: Western Europe, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: Western Europe, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: Western Europe, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: UK, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: UK, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: UK, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: Germany, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: Germany, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: Germany, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: France, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: France, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: France, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Italy, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Italy, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Italy, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Spain, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Spain, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Spain, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Eastern Europe, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Eastern Europe, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: Eastern Europe, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: Russia, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: Russia, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: Russia, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: North America, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: North America, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: North America, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: USA, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: USA, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: USA, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: Canada, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: Canada, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: Canada, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: South America, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: South America, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: South America, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Brazil, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Brazil, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Brazil, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Middle East, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Middle East, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Middle East, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 78: Africa, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 79: Africa, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 80: Africa, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 81: Holiday Inn Express Financial Performance
  • Table 82: InterContinental Hotels Group Financial Performance
  • Table 83: Whitbread PLC Financial Performance
  • Table 84: Choice Hotels International Financial Performance
  • Table 85: Extended Stay America Inc. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Budget Hotels Market, Segmentation By Mode Of Booking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Budget Hotels Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Budget Hotels Market, Sub-Segmentation Of Business Hotels, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Budget Hotels Market, Sub-Segmentation Of Airport Hotels, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Budget Hotels Market, Sub-Segmentation Of Suite Hotels, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Global Budget Hotels Market, Sub-Segmentation Of Serviced Apartments, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Global Budget Hotels Market, Sub-Segmentation Of Resorts, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Global Budget Hotels Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: Global Budget Hotels Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: Asia-Pacific, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: Asia-Pacific, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: Asia-Pacific, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: China, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: China, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: China, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: India, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: India, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: India, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Japan, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Japan, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Japan, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Australia, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Australia, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: Australia, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: Indonesia, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: Indonesia, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: Indonesia, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: South Korea, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: South Korea, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: South Korea, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: Western Europe, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: Western Europe, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: Western Europe, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: UK, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: UK, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: UK, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: Germany, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: Germany, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: Germany, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: France, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: France, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: France, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Italy, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Italy, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Italy, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Spain, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Spain, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Spain, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Eastern Europe, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Eastern Europe, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: Eastern Europe, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: Russia, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: Russia, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: Russia, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: North America, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: North America, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: North America, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: USA, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: USA, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: USA, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: Canada, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: Canada, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: Canada, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: South America, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: South America, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: South America, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Brazil, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Brazil, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Brazil, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Middle East, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Middle East, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Middle East, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 78: Africa, Budget Hotels Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 79: Africa, Budget Hotels Market, Segmentation By Amenities, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 80: Africa, Budget Hotels Market, Segmentation By Price Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 81: Holiday Inn Express Financial Performance
  • Figure 82: InterContinental Hotels Group Financial Performance
  • Figure 83: Whitbread PLC Financial Performance
  • Figure 84: Choice Hotels International Financial Performance
  • Figure 85: Extended Stay America Inc. Financial Performance

Frequently Asked Questions

Budget hotels are affordable accommodation options that offer basic amenities and services at lower prices compared to mid-range or luxury hotels. They cater to cost-conscious travelers, providing essential comforts such as clean rooms, free Wi-Fi, and often breakfast, without the frills of higher-end hotels. For further insights on this market, request a sample here

The market major growth driver - Rising Travel And Tourism Drives Growth In The Budget Hotels Market. For further insights on this market, request a sample here

The budget hotels market size has grown strongly in recent years. It will grow from $284.83 billion in 2024 to $299.14 billion in 2025 at a compound annual growth rate (CAGR) of 5.0%. The growth in the historic period can be attributed to increased demand for budget-friendly accommodation options during economic downturns and uncertainties, rise in local travel due to pandemic-related restrictions on international travel, increased popularity of online platforms, enhanced quality and variety of amenities offered by budget hotels to attract more guests, growth in budget-conscious business travelers seeking cost-effective accommodation. The budget hotels market size is expected to see strong growth in the next few years. It will grow to $366.82 billion in 2029 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to the continued preference for budget hotels due to ongoing economic challenges and inflation, a growing number of digital nomads seeking affordable long-term stays in budget hotels, continued focus on hygiene and safety standards, attracting budget-conscious travelers, increase in solo travelers and backpackers opting for budget-friendly accommodation, travelers becoming more cost-conscious, seeking value-for-money accommodation. Major trends in the forecast period include the implementation of AI-powered customer service, integration of local experiences, stylish and unique budget hotels, technology-driven personalization, and incorporation of wellness amenities such as fitness centers, healthy dining options, and wellness programs. For further insights on this market, request a sample here

The budget hotelsmarket covered in this report is segmented –
1) By Type: Business Hotels, Airport Hotels, Suite Hotels, Serviced Apartments, Resorts
2) By Amenities: Free Wi-Fi, Parking, Airport Shuttle, Breakfast
3) By Price Range: Economy, Mid-Range, Luxury
4) By Mode Of Booking: Online Travel Agency, Hotel Websites, Direct Booking, Other Modes Of Booking
5) By Application: Private, Commercial, Government Subsegments:
1) By Business Hotels: Economy Business Hotels, Budget Corporate Hotels, Business Hotels With Conference Facilities
2) By Airport Hotels: Budget Airport Hotels (Transit Hotels), Economy Airport Hotels With Shuttle Services
3) By Suite Hotels: Budget All-Suite Hotels, Extended Stay Suite Hotels, Affordable Luxury Suite Hotels
4) By Serviced Apartments: Budget Serviced Apartments, Economy Extended Stay Apartments, Affordable Short-Term Rental Apartments
5) Resorts: Budget Beach Resorts, Affordable Mountain Resorts, Economy Wellness Resorts For further insights on this market,
request a sample here

North America was the largest region in the budget hotels market in 2024. The regions covered in the budget hotels market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on this market, request a sample here.

Major companies operating in the budget hotels market are Holiday Inn Express, InterContinental Hotels Group, Whitbread PLC, Choice Hotels International, Extended Stay America Inc., Premier Inn Limited, Travelodge Hotels Ltd, Red Roof Franchising LLC, Oravel Stays Limited, Toyoko Inn Co. Ltd., Econo Lodges of America Inc., B&B HOTELS Group, G6 Hospitality LLC, La Quinta Inns Inc., easyHotel, HotelF1, Future Inns UK Limited, Campanile Ltd, Bannatyne Hotels Limited, IBIS Hotel, Balladins Hotels, Dolby Hotel Liverpool Limited, Days Inns Worldwide Inc. . For further insights on this market, request a sample here.

Major trends in this market include Integrating Technology In Budget Hotels Enhance Customer Service and Operational Efficiency. For further insights on this market, request a sample here.

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