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The Global Budget Hotels Market to 2020

  • January 2017
  • -
  • GlobalData
  • -
  • 136 pages

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

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

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

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

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

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

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

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

Reasons To Buy
- Make strategic business decisions using historic and forecast market data related to global budget hotels industry
- Understand the demand-side dynamics within the industry to identify key market trends and growth opportunities

Table Of Contents

The Global Budget Hotels Market to 2020
Table of Contents
1 Global Budget Hotels - Key Trends and Issues
2 Global Budget Hotels - Mergers and Acquisitions
3 Global Budget Hotel KPIs - the Americas
3.1 The Americas - Number of Budget Hotel Establishments (2011?2015)
3.2 The Americas - Number of Rooms in Budget Hotels (2011-2015)
3.3 The Americas - Room Occupancy Rates in Budget Hotels (2011-2015)
3.4 The Americas - Room Nights Available in Budget Hotels (2011-2015)
3.5 The Americas - Room Nights Occupied by Hotel Category (2011-2015)
3.6 The Americas - Average Room Revenues per Available Room in Budget Hotels (2011-2015)
3.7 The Americas - Average Room Revenues per Occupied Room in Budget Hotels (2011-2015)
3.8 The Americas - Average Total Revenues per Available Room in budget Hotels (2011-2015)
3.9 The Americas - Total Room Revenues of Budget Hotels (2011-2015)
3.1 The Americas - Total Non-Room Revenues of Budget Hotels (2011-2015)
3.11 The Americas - Total Revenues of Budget Hotels (2011-2015)
3.12 The Americas - Numbers of Guests in Budget Hotels (2011-2015)
4 Global Budget Hotel KPIs - Asia-Pacific
4.1 Asia-Pacific - Number of Budget Hotel Establishments (2011?2015)
4.2 Asia-Pacific - Number of Rooms in Budget Hotels (2011-2015)
4.3 Asia-Pacific - Room Occupancy Rates in Budget Hotels (2011-2015)
4.4 Asia-Pacific - Room Nights Available in Budget Hotels (2011-2015)
4.5 Asia-Pacific - Room Nights Occupied by Hotel Category (2011-2015)
4.6 Asia-Pacific - Average Room Revenues per Available Room in Budget Hotels (2011-2015)
4.7 Asia-Pacific - Average Room Revenues per Occupied Room in Budget Hotels (2011-2015)
4.8 Asia-Pacific - Average Total Revenues per Available Room in Budget Hotels (2011-2015)
4.9 Asia-Pacific - Total Room Revenues of Budget Hotels (2011-2015)
4.1 Asia-Pacific - Total Non-Room Revenues of Budget Hotels (2011-2015)
4.11 Asia-Pacific - Total Revenues of Budget Hotels (2011-2015)
4.12 Asia-Pacific - Numbers of Guests in Budget Hotels (2011-2015)
5 Global Budget Hotel KPIs - Europe
5.1 Europe - Number of Budget Hotel Establishments (2011?2015)
5.2 Europe - Number of Rooms in Budget Hotels (2011-2015)
5.3 Europe - Room Occupancy Rates in Budget Hotels (2011-2015)
5.4 Europe - Room Nights Available in Budget Hotels (2011-2015)
5.5 Europe - Room Nights Occupied by Hotel Category (2011-2015)
5.6 Europe - Average Room Revenues per Available Room in Budget Hotels (2011-2015)
5.7 Europe - Average Room Revenues per Occupied Room in Budget Hotels (2011-2015)
5.8 Europe - Average Total Revenues per Available Room in Budget Hotels (2011-2015)
5.9 Europe - Total Room Revenues of Budget Hotels (2011-2015)
5.1 Europe - Total Non-Room Revenues of Budget Hotels (2011-2015)
5.11 Europe - Total Revenues of Budget Hotels (2011-2015)
5.12 Europe - Numbers of Guests in Budget Hotels (2011-2015)
6 Global Budget Hotel KPIs - the Middle East and Africa
6.1 The Middle East and Africa - Number of Budget Hotel Establishments (2011-2015)
6.2 The Middle East and Africa - Number of Rooms in Budget Hotels (2011-2015)
6.3 The Middle East and Africa - Room Occupancy Rates in Budget Hotels (2011-2015)
6.4 The Middle East and Africa - Room Nights Available in Budget Hotels (2011-2015)
6.5 The Middle East and Africa - Room Nights Occupied by Hotel Category (2011-2015)
6.6 The Middle East and Africa - Average Room Revenues per Available Room in Budget Hotels (2011-2015)
6.7 The Middle East and Africa - Average Room Revenues per Occupied Room in Budget Hotels (2011-2015)
6.8 The Middle East and Africa - Average Total Revenues per Available Room in Budget Hotels (2011-2015)
6.9 The Middle East and Africa - Total Room Revenues of Budget Hotels (2011-2015)
6.1 The Middle East and Africa - Total Non-Room Revenues of Budget Hotels (2011-2015)
6.11 The Middle East and Africa - Total Revenues of Budget Hotels (2011-2015)
6.12 The Middle East and Africa - Numbers of Guests in Budget Hotels (2011-2015)
7 Global Budget Hotel Profiles
7.1 Company Profile: Red Roof Inn
7.1.1 Red Roof Inn - company overview
7.1.2 Red Roof Inn - main services and brands
7.1.3 Red Roof Inn - key employees
7.2 Company Profile: Candlewood Suites
7.2.1 Candlewood Suites - company overview
7.2.2 Candlewood Suites - main services and brands
7.2.3 Candlewood Suites - key employees
7.3 Company Profile: HotelF1
7.3.1 HotelF1 - company overview
7.3.2 HotelF1 - main services and brands
7.4 Company Profile: Ibis budget hotels
7.4.1 Ibis budget hotels - company overview
7.4.2 Ibis budget hotels - main services and brands
7.5 Company Profile: Premier Inn Ltd
7.5.1 Premier Inn Ltd - company overview
7.5.2 Premier Inn Ltd - main services and brands
7.5.3 Premier Inn Ltd - key employees
7.6 Company Profile: Travelodge Hotels Ltd.
7.6.1 Travelodge Hotels Ltd. - company overview
7.6.2 Travelodge Hotels Ltd. - business description
7.6.3 Travelodge Hotels Ltd. - main services and brands
7.6.4 Travelodge Hotels Ltd. - history
7.6.5 Travelodge Hotels Ltd. - SWOT analysis
7.6.6 Travelodge Hotels Ltd. - key employees
7.7 Company Profile: Roots Corporation Limited
7.7.1 Roots Corporation Limited - company overview
7.7.2 Roots Corporation Limited - main services
7.7.3 Roots Corporation Limited - key employees
7.8 Company Profile: Home Inns and Hotels Management Inc.
7.8.1 Home Inns and Hotels Management Inc. - company overview
7.8.2 Home Inns and Hotels Management Inc. - business description
7.8.3 Home Inns and Hotels Management Inc. - main services
7.8.4 Home Inns and Hotels Management Inc. - history
7.8.5 Home Inns and Hotels Management Inc. - SWOT analysis
7.8.6 Home Inns and Hotels Management Inc. - key employees
7.9 Company Profile: Holiday Inn Express Hotel
7.9.1 Holiday Inn Express Hotel - company overview
7.9.2 Holiday Inn Express Hotel - main services and brands
7.9.3 Holiday Inn Express Hotel - key employees
7.1 Company Profile: Econo Lodge Hotels
7.10.1 Econo Lodge Hotels - company overview
7.10.2 Econo Lodge Hotels - main services and brands
7.10.3 Econo Lodge Hotels - key employees
8 Appendix
8.1 What is this Report About?
8.2 Definitions
8.3 Methodology
8.4 About GlobalData
8.5 Disclaimer

List of Tables
Table 1: The Americas - Shares of Budget Hotels in Overall Hotel Industry Revenues (%), 2011, 2015, and 2020
Table 2: The Americas - Number of Budget Hotel Establishments, 2011-2020
Table 3: The Americas - Number of Rooms in Budget Hotels, 2011-2020
Table 4: The Americas - Room Occupancy Rates in Budget Hotels (%), 2011-2020
Table 5: The Americas - Room Nights Available in Budget Hotels (Million), 2011-2020
Table 6: The Americas - Room Nights Occupied by Hotel Category (Million), 2011-2020
Table 7: The Americas - Average Room Revenues per Available Room in Budget Hotels (US$), 2011-2020
Table 8: The Americas - Average Room Revenues per Occupied Room in Budget Hotels (US$), 2011-2020
Table 9: The Americas - Average Total Revenues per Available Room in Budget Hotels (US$), 2011-2020
Table 10: The Americas - Total Room Revenues of Budget Hotels (US$ Million), 2011-2020
Table 11: The Americas - Total Non-Room Revenues of Budget Hotels (US$ Million), 2011-2020
Table 12: The Americas - Total Revenues of Budget Hotels (US$ Million), 2011-2020
Table 13: The Americas - Numbers of Guests in Budget Hotels (Thousand), 2011-2020
Table 14: Asia-Pacific - Shares of Budget Hotels in Overall Hotel Industry Revenues (%), 2011, 2015, and 2020
Table 15: Asia-Pacific - Number of Budget Hotel Establishments, 2011-2015
Table 16: Asia-Pacific - Number of Rooms in Budget Hotels (Thousand), 2011-2020
Table 17: Asia-Pacific - Room Occupancy Rates in Budget Hotels (%), 2011-2020
Table 18: Asia-Pacific - Numbers of Room Nights Available in Budget Hotels (Million), 2011-2020
Table 19: Asia-Pacific - Room Nights Occupied by Hotel Category (Million), 2011-2020
Table 20: Asia-Pacific - Average Room Revenues per Available Room in Budget Hotels (US$), 2011-2020
Table 21: Asia-Pacific - Average Room Revenues per Occupied Room in Budget Hotels (US$), 2011-2020
Table 22: Asia-Pacific - Average Total Revenues per Available Room in Budget Hotels (US$), 2011-2020
Table 23: Asia-Pacific - Total Room Revenues of Budget Hotels (US$ Million), 2011-2020
Table 24: Asia-Pacific - Total Non-Room Revenues of Budget Hotels (US$ Million), 2011-2020
Table 25: Asia-Pacific - Total Revenues of Budget Hotels (US$ Million), 2011-2020
Table 26: Asia-Pacific - Numbers of Guests in Budget Hotels (Thousand), 2011-2020
Table 27: Europe - Shares of Budget Hotels in Overall Hotel Industry Revenues (%), 2011, 2015, and 2020
Table 28: Europe - Number of Budget Hotel Establishments, 2011-2020
Table 29: Europe - Number of Rooms in Budget Hotels (Thousand), 2011-2020
Table 30: Europe - Room Occupancy Rates in Budget Hotels (%), 2011-2020
Table 31: Europe - Room Nights Available in Budget Hotels (Million), 2011-2020
Table 32: Europe - Room Nights Occupied by Hotel Category (Million), 2011-2020
Table 33: Europe - Average Room Revenues per Available Room in Budget Hotels (US$), 2011-2020
Table 34: Europe - Average Room Revenues per Occupied Room in Budget Hotels (US$), 2011-2020
Table 35: Europe - Average Total Revenues per Available Room in Budget Hotels (US$), 2011-2020
Table 36: Europe - Total Room Revenues of Budget Hotels (US$ Million), 2011-2020
Table 37: Europe - Total Non-Room Revenues of Budget Hotels (US$ Million), 2011-2020
Table 38: Europe - Total Revenues of Budget Hotels (US$ Million), 2011-2020
Table 39: Europe - Numbers of Guests in Budget Hotels (Thousand), 2011-2020
Table 40: The Middle East and Africa - Shares of Budget Hotels in Overall Hotel Industry Revenues (%), 2011, 2015 and 2020
Table 41: The Middle East and Africa - Number of Budget Hotel Establishments, 2011-2020
Table 42: The Middle East and Africa - Number of Rooms in Budget Hotels (Thousand), 2011-2020
Table 43: The Middle East and Africa - Room Occupancy Rates in Budget Hotels (%), 2011-2020
Table 44: The Middle East and Africa - Room Nights Available in Budget Hotels (Million), 2011-2020
Table 45: The Middle East and Africa - Room Nights Occupied by Hotel Category (Million), 2011-2020
Table 46: The Middle East and Africa - Average Room Revenues per Available Room in Budget Hotels (US$), 2011-2020
Table 47: The Middle East and Africa - Average Room Revenues per Occupied Room in Budget Hotels (US$), 2011-2020
Table 48: The Middle East and Africa - Average Total Revenues per Available Room in Budget Hotels (US$), 2011-2020
Table 49: The Middle East and Africa - Total Room Revenues of Budget Hotels (US$ Million), 2011-2020
Table 50: The Middle East and Africa - Total Non-Room Revenues of Budget Hotels (US$ Million), 2011-2020
Table 51: The Middle East and Africa - Total Revenues of Budget Hotels (US$ Million), 2011-2020
Table 52: The Middle East and Africa - Numbers of Guests in Budget Hotels (Thousand), 2011-2020
Table 53: Red Roof Inn, Key Facts
Table 54: Red Roof Inn, Main Services and Brands
Table 55: Red Roof Inn, Key Employees
Table 56: Candlewood Suites, Key Facts
Table 57: Candlewood Suites, Main Services and Brands
Table 58: Candlewood Suites, Key Employees
Table 59: HotelF1, Key Facts
Table 60: HotelF1, Main Services and Brands
Table 61: Ibis budget hotels, Key Facts
Table 62: Ibis budget hotels, Main Services and Brands
Table 63: Premier Inn Ltd, Key Facts
Table 64: Premier Inn Ltd, Main Services and Brands
Table 65: Premier Inn Ltd, Key Employees
Table 66: Travelodge Hotels Ltd., Key Facts
Table 67: Travelodge Hotels Ltd., Main Services and Brands
Table 68: Travelodge Hotels Ltd., History
Table 69: Travelodge Hotels Ltd., Key Employees
Table 70: Roots Corporation Limited, Key Facts
Table 71: Roots Corporation Limited, Main Services and Brands
Table 72: Roots Corporation Limited, Key Employees
Table 73: Home Inns and Hotels Management Inc., Key Facts
Table 74: Home Inns and Hotels Management Inc., Main Services and Brands
Table 75: Home Inns and Hotels Management Inc., History
Table 76: Home Inns and Hotels Management Inc., Key Employees
Table 77: Holiday Inn Express Hotel, Key Facts
Table 78: Holiday Inn Express Hotel, Main Services and Brands
Table 79: Holiday Inn Express Hotel, Key Employees
Table 80: Econo Lodge Hotels, Key Facts
Table 81: Econo Lodge Hotels, Main Services and Brands
Table 82: Econo Lodge Hotels, Key Employees
Table 83: GlobalData Global Budget Hotel Market Definitions

List of Figures
Figure 1: Top 10 Budget Hotel Markets by Room Supply with Occupancy Rates (%) and Share in Total Room Supply (%), 2015
Figure 2: The Americas - Number of Budget Hotel Establishments, 2011-2015
Figure 3: The Americas - Number of Budget Hotel Establishments, 2016-2020
Figure 4: The Americas - Number of Rooms in Budget Hotels, 2011-2015
Figure 5: The Americas - Number of Rooms in Budget Hotels, 2016-2020
Figure 6: The Americas - Room Occupancy Rates in Budget Hotels (%), 2011-2015
Figure 7: The Americas - Room Occupancy Rates in Budget Hotels (%), 2016-2020
Figure 8: The Americas - Room Nights Available in Budget Hotels (Million), 2011-2015
Figure 9: The Americas - Room Nights Available in Budget Hotels (Million), 2016-2020
Figure 10: The Americas - Room Nights Occupied by Hotel Category (Million), 2011-2015
Figure 11: The Americas - Room Nights Occupied by Hotel Category (Million), 2016-2020
Figure 12: The Americas - Average Room Revenues per Available Room in Budget Hotels (US$), 2011-2015
Figure 13: The Americas - Average Room Revenues per Available Room in Budget Hotels (US$), 2016-2020
Figure 14: The Americas - Average Room Revenues per Occupied Room in Budget Hotels (US$), 2011-2015
Figure 15: The Americas - Average Room Revenues per Occupied Room in Budget Hotels (US$), 2016-2020
Figure 16: The Americas - Average Total Revenues per Available Room in Budget Hotels (US$), 2011-2015
Figure 17: The Americas - Average Total Revenues per Available Room in Budget Hotels (US$), 2016-2020
Figure 18: The Americas - Total Room Revenues of Budget Hotels (US$ Million), 2011-2015
Figure 19: The Americas - Total Room Revenues of Budget Hotels (US$ Million), 2016-2020
Figure 20: The Americas - Total Non-Room Revenues of Budget Hotels (US$ Million), 2011-2015
Figure 21: The Americas - Total Non-Room Revenues of Budget Hotels (US$ Million), 2016-2020
Figure 22: The Americas - Total Revenues of Budget Hotels (US$ Million), 2011-2015
Figure 23: The Americas - Total Revenues of Budget Hotels (US$ Million), 2016-2020
Figure 24: The Americas - Numbers of Guests in Budget Hotels (Thousand), 2011-2015
Figure 25: The Americas - Numbers of Guests in Budget Hotels (Thousand), 2016-2020
Figure 26: Asia-Pacific - Number of Budget Hotel Establishments, 2011-2015
Figure 27: Asia-Pacific - Number of Budget Hotel Establishments, 2016-2020
Figure 28: Asia-Pacific - Number of Rooms in Budget Hotels (Thousand), 2011-2015
Figure 29: Asia-Pacific - Number of Rooms in Budget Hotels (Thousand), 2016-2020
Figure 30: Asia-Pacific - Room Occupancy Rates in Budget Hotels (%), 2011-2015
Figure 31: Asia-Pacific - Room Occupancy Rates in Budget Hotels (%), 2016-2020
Figure 32: Asia-Pacific - Room Nights Available in Budget Hotels (Million), 2011-2015
Figure 33: Asia-Pacific - Room Nights Available in Budget Hotels (Million), 2016-2020
Figure 34: Asia-Pacific - Room Nights Occupied by Hotel Category (Million), 2011-2015
Figure 35: Asia-Pacific - Room Nights Occupied by Hotel Category (Million), 2016-2020
Figure 36: Asia-Pacific - Average Room Revenues per Available Room in Budget Hotels (US$), 2011-2015
Figure 37: Asia-Pacific - Average Room Revenues per Available Room in Budget Hotels (US$), 2016-2020
Figure 38: Asia-Pacific - Average Room Revenues per Occupied Room in Budget Hotels (US$), 2011-2015
Figure 39: Asia-Pacific - Average Room Revenues per Occupied Room in Budget Hotels (US$), 2016-2020
Figure 40: Asia-Pacific - Average Total Revenues per Available Room in Budget Hotels (US$), 2011-2015
Figure 41: Asia-Pacific - Average Total Revenues per Available Room in Budget Hotels (US$), 2016-2020
Figure 42: Asia-Pacific - Total Room Revenues of Budget Hotels (US$ Million), 2011-2015
Figure 43: Asia-Pacific - Total Room Revenues of Budget Hotels (US$ Million), 2016-2020
Figure 44: Asia-Pacific - Total Non-Room Revenues of Budget Hotels (US$ Million), 2011-2015
Figure 45: Asia-Pacific - Total Non-Room Revenues of Budget Hotels (US$ Million), 2016-2020
Figure 46: Asia-Pacific - Total Revenues of Budget Hotels (US$ Million), 2011-2015
Figure 47: Asia-Pacific - Total Revenues of Budget Hotels (US$ Million), 2016-2020
Figure 48: Asia-Pacific - Numbers of Guests in Budget Hotels (Thousand), 2011-2015
Figure 49: Asia-Pacific - Numbers of Guests in Budget Hotels (Thousand), 2016-2020
Figure 50: Europe - Number of Budget Hotel Establishments, 2011-2015
Figure 51: Europe - Number of Budget Hotel Establishments, 2016-2020
Figure 52: Europe - Number of Rooms in Budget Hotels (Thousand), 2011-2015
Figure 53: Europe - Number of Rooms in Budget Hotels (Thousand), 2016-2020
Figure 54: Europe - Room Occupancy Rates in Budget Hotels (%), 2011-2015
Figure 55: Europe - Room Occupancy Rates in Budget Hotels (%), 2016-2020
Figure 56: Europe - Room Nights Available in Budget Hotels (Million), 2011-2015
Figure 57: Europe - Room Nights Available in Budget Hotels (Million), 2016-2020
Figure 58: Europe - Room Nights Occupied by Hotel Category (Million), 2011-2015
Figure 59: Europe - Room Nights Occupied by Hotel Category (Million), 2016-2020
Figure 60: Europe - Average Room Revenues per Available Room in Budget Hotels (US$), 2011-2015
Figure 61: Europe - Average Room Revenues per Available Room in Budget Hotels (US$), 2016-2020
Figure 62: Europe - Average Room Revenues per Occupied Room in Budget Hotels (US$), 2011-2015
Figure 63: Europe - Average Room Revenues per Occupied Room in Budget Hotels (US$), 2016-2020
Figure 64: Europe - Average Total Revenues per Available Room in Budget Hotels (US$), 2011-2015
Figure 65: Europe - Average Total Revenues per Available Room in Budget Hotels (US$), 2016-2020
Figure 66: Europe - Total Room Revenues of Budget Hotels (US$ Million), 2011-2015
Figure 67: Europe - Total Room Revenues of Budget Hotels (US$ Million), 2016-2020
Figure 68: Europe - Total Non-Room Revenues of Budget Hotels (US$ Million), 2011-2015
Figure 69: Europe - Total Non-Room Revenues of Budget Hotels (US$ Million), 2016-2020
Figure 70: Europe - Total Revenues of Budget Hotels (US$ Million), 2011-2015
Figure 71: Europe - Total Revenues of Budget Hotels (US$ Million), 2016-2020
Figure 72: Europe - Numbers of Guests in Budget Hotels (Thousand), 2011-2015
Figure 73: Europe - Numbers of Guests in Budget Hotels (Thousand), 2016-2020
Figure 74: The Middle East and Africa - Number of Budget Hotel Establishments, 2011-2015
Figure 75: The Middle East and Africa - Number of Budget Hotel Establishments, 2016-2020
Figure 76: The Middle East and Africa - Number of Rooms in Budget Hotels (Thousand), 2011-2015
Figure 77: The Middle East and Africa - Number of Rooms in Budget Hotels (Thousand), 2016-2020
Figure 78: The Middle East and Africa - Room Occupancy Rates in Budget Hotels (%), 2011-2015
Figure 79: The Middle East and Africa - Room Occupancy Rates in Budget Hotels (%), 2016-2020
Figure 80: The Middle East and Africa - Room Nights Available in Budget Hotels (Million), 2011-2015
Figure 81: The Middle East and Africa - Room Nights Available in Budget Hotels (Million), 2016-2020
Figure 82: The Middle East and Africa - Room Nights Occupied by Hotel Category (Million), 2011-2015
Figure 83: The Middle East and Africa - Room Nights Occupied by Hotel Category (Million), 2016-2020
Figure 84: The Middle East and Africa - Average Room Revenues per Available Room in Budget Hotels (US$), 2011-2015
Figure 85: The Middle East and Africa - Average Room Revenues per Available Room in Budget Hotels (US$), 2016-2020
Figure 86: The Middle East and Africa - Average Room Revenues per Occupied Room in Budget Hotels (US$), 2011-2015
Figure 87: The Middle East and Africa - Average Room Revenues per Occupied Room in Budget Hotels (US$), 2016-2020
Figure 88: The Middle East and Africa - Average Total Revenues per Available Room in Budget Hotels (US$), 2011-2015
Figure 89: The Middle East and Africa - Average Total Revenues per Available Room in Budget Hotels (US$), 2016-2020
Figure 90: The Middle East and Africa - Total Room Revenues of Budget Hotels (US$ Million), 2011-2015
Figure 91: The Middle East and Africa - Total Room Revenues of Budget Hotels (US$ Million), 2016-2020
Figure 92: The Middle East and Africa - Total Non-Room Revenues of Budget Hotels (US$ Million), 2011-2015
Figure 93: The Middle East and Africa - Total Non-Room Revenues of Budget Hotels (US$ Million), 2016-2020
Figure 94: The Middle East and Africa - Total Revenues of Budget Hotels (US$ Million), 2011-2015
Figure 95: The Middle East and Africa - Total Revenues of Budget Hotels (US$ Million), 2016-2020
Figure 96: The Middle East and Africa - Numbers of Guests in Budget Hotels (Thousand), 2011-2015
Figure 97: The Middle East and Africa - Numbers of Guests in Budget Hotels (Thousand), 2016-2020

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

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