budget hotels
Budget Hotels Set to Benefit From Increase in Price-Sensitive Travelers
GlobalData | June 22, 2021
Price is the most important factor to 47%* of consumers when selecting accommodation, according to a poll by GlobalData. The data and analytics company notes that, with less budget for travel but a strong desire to escape, many will turn to budget providers to satisfy their travel cravings. Gus Gardner, Associate Travel and Tourism Analyst at GlobalData, comments: “Budget hotel operators will be well positioned to benefit from an increase in bargain-hunting travelers looking for the cheapest accommodation possible. With many countries still only permitting outbound travel to a handful of countries and domestic holidays booming in the sho...
Rapid Growth of Budget Hotels in the UK Leaves Other Brands Stagnating, Warns Hotel Bulletin
HVS | May 11, 2017
11 May 2017, London: Budget hotels now account for nearly two-thirds of the UK's top 10 brands as global hotel companies continue to diversify from their traditionally more upmarket offerings to the ever-popular budget sector. According to Hotel Bulletin Q1 2017, published this week by HVS, AlixPartners, STR and AM:PM, Premier Inn and Travelodge between them account for 52% of all branded rooms in the UK's top 10 and are also the most active in terms of future growth. The Bulletin compares the list of the UK's top 10 hotel brands in terms of room numbers with the top 10 in terms of new rooms pipeline. It finds that Premier Inn, the larg...
Travelers Give Bad Ratings to Miami’s Budget Hotels
CheapHotels.org | November 17, 2015
November 17, 2015 - If satisfaction is a top priority, then booking a budget hotel room in Miami could be a risky proposition. A recent survey from CheapHotels.org has found that the dissatisfaction rate exhibited by overnight budget hotel guests in The Magic City is higher than anywhere else in the country. The survey specifically compared 30 U.S. destinations, with the quality of their 2-star hotels serving as the basis of comparison. The survey used the hotel booking site Expedia to come up with its rankings. The ratings awarded by budget hotel guests after their stay were compiled for the past year and then averaged for an overall p...