Research and Development Forecast of Chinas Budget Hotel, 2013-2017

Research and Development Forecast of China's Budget Hotel, 2013-2017 conducts an in-depth analysis on budget hotel industry's market status quo, market scale, competition situation, and key hotels' business performance. In addition, it also makes a forecast on the development of budget hotel industry. This report provides reference for investors. Compared with developed countries, budget hotel industry started late in China. The proportion of budget hotel is less than 30% in China's hotel industry, but the proportion has exceeded 70% in U.S. The development space of budget hotel in China is broad. With the participation of other enterprises and the foreign brands, the competition in budget hotel industry is fiercer. Budget hotel industry has entered an era of meager profit. After the beginning, debut, and continuous expansion, by the first half of 2012, the number of budget hotel in China has reached 8,313; the number of room has reached 837,220, grow

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