Changing Consumer Attitudes and Future Outlook for theBudget Hotel Industry in BRICReport Details:Published:August 2012No....
•It provides profiles of key companies operating in budget hotel industryKey highlights•To meet the demands of the 2014 FI...
3.1.4 Key performance indicators3.2 Analysis of Consumer Attitude for Budget Hotels3.2.1 Business tourists3.2.2 Leisure to...
5.2.4 Key performance indicators5.3 Consumer Demographics and Spending Pattern5.3.1 Business Tourists5.3.2 Leisure tourist...
List Of TablesTable 1: BRIC Countries – Budget Hotel Market, 2007–2016Table 2: BRIC Countries – Macroeconomic Prospects, 2...
Table 35: Russian Budget Hotels – Average Revenue Per Day (RUB), 2012–2016Table 36: Russian Budget Hotels – Business Touri...
2007–2011Table 73: Chinese Hotel Industry – Average Revenue per Available Budget Room (CNY),2012–2016Table 74: Chinese Bud...
Figure 27: Russian Budget Hotels – Average Revenue Per Available Budget Room (RUB),2007–2011Figure 28: Russian Budget Hote...
Figure 65: Chinese Hotel Industry – Average Revenue per Available Budget Room (CNY),2007–2011Figure 66: Chinese Hotel Indu...
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Changing Consumer Attitudes and Future Outlook for the Budget Hotel Industry in BRIC

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Changing Consumer Attitudes and Future Outlook for the Budget Hotel Industry in BRIC

  1. 1. Changing Consumer Attitudes and Future Outlook for theBudget Hotel Industry in BRICReport Details:Published:August 2012No. of Pages: 109Price: Single User License – US$2950•The report provides market analysis, information and insights, including:•In-depth analysis of the budget hotel industry in the four BRIC countries: Brazil, Russia, India and China•A comprehensive understanding of country-specific market trends, drivers, opportunities and challenges across key customer segments•Detailed market sizing of the budget hotel industry in each BRIC country for a period of ten years (2007–2016)•Detailed analysis of consumer attitudes towards budget hotels•Detailed analysis of tourist spending patterns in each of the BRIC countriesExecutive summaryAmong the BRIC countries, Brazil has the largest budget hotel market, followed by China, Indiaand Russia. Brazil’s budget hotel market size totaled US$3.1 billion in 2011. Within BRICcountries, Brazil was the fastest-growing market during the review period, recording a CAGR of20.64%. Brazil is anticipated to remain the fastest-growing market over the forecast period, with aCAGR of 18.65%. In all the BRIC countries, macroeconomic growth is expected to support thegrowth of the respective budget hotel markets. With robust projected growth in GDP, the BRICcountries are expected to continue their rapid economic growth over the forecast period, withChina expected to record the strongest GDP growth at an anticipated forecast-period CAGR of9.5%, followed by India with an anticipated forecast-period CAGR of 8%.Scope•This report provides an extensive analysis of the budget hotel industry in the four BRIC nations: Brazil, Russia, India and China:•It provides historical and forecast market sizes for the budget hotel industry in each of the BRIC nations•It offers detailed analysis of the factors driving the growth of the budget hotel industry, and the key emerging trends and drivers in each of the BRIC nations
  2. 2. •It provides profiles of key companies operating in budget hotel industryKey highlights•To meet the demands of the 2014 FIFA World Cup and the 2016 Olympic Games, the refurbishment of existing budget hotels is expected to be a key trend in the Brazilian hotel industry.•The total number of hotels in Russia measured 114,912 in 2011. Midscale hotels comprised 80% of the total number of hotels, and were followed by luxury hotels which accounted for 14.9%. Budget hotels comprised a mere 5.1% of the total number of hotels in the Russian market.•Budget hotel owners need to obtain multiple licenses in India. There are approximately 100 approvals required when establishing a budget hotel in India, which is almost entirely the same as for establishing a luxury hotel.•An oversupply of hotels constructed for the 2008 Olympic Games and the 2010 Shanghai World Expo is a key challenge in China, as occupancy rates are declining. Increasing land costs in tier- one cities and a lack of knowledge about tier-two cities could be a challenge for international firms looking to enter the hospitality and leisure industry.Reasons to buy•Gain in-depth insight into the budget hotel industry in each of the BRIC countries•Understand the demand and supply-side dynamics within each BRIC budget hotel industry, along with key market trends and growth opportunities•Take informed decisions and formulate effective marketing strategies based on the report’s detailed market insights on the budget hotel industry•Assess the competitive landscape in the budget hotel market in each of the BRIC countries and formulate effective market-entry strategiesGet your copy of this report @http://www.reportsnreports.com/reports/190569-changing-consumer-attitudes-and-future-outlook-for-the-budget-hotel-industry-in-bric.htmlMajor points covered in Table of Contents of this report includeTable Of Contents1 Executive Summary2 BRIC Countries Comparison2.1 Market Opportunity2.2 Macroeconomic Drivers3 Brazil3.1 Demand Outlook and Changing Market Dynamics of Budget Hotels3.1.1 Brazilian hotel industry3.1.2 Market size of budget hotels by volume3.1.3 Market size of budget hotels by value
  3. 3. 3.1.4 Key performance indicators3.2 Analysis of Consumer Attitude for Budget Hotels3.2.1 Business tourists3.2.2 Leisure tourists3.2.3 Demographics3.2.4 Spending patterns3.3 Trends and Drivers3.3.1 Consumer dynamics3.3.2 Business Dynamics3.3.3 Macroeconomic fundamentals3.4 Challenges3.5 Industry Structure and Competitiveness3.5.1 Industry Structure3.5.2 Company Profiles4 Russia4.1 Demand Outlook and Changing Market Dynamics of Budget Hotels4.2 Demand Dynamics4.2.1 Russian hotel industry4.2.2 Market size of budget hotels by volume4.2.3 Market size of budget hotels by value4.2.4 Key performance indicators4.3 Analysis of Consumer Attitude for Budget Hotels4.3.1 Business tourists4.3.2 Leisure tourists4.3.3 Demographics4.3.4 Spending patterns4.4 Trends and Drivers4.4.1 Consumer dynamics4.4.2 Business dynamics4.4.3 Macroeconomic fundamentals4.5 Challenges4.6 Industry Structure and Competitiveness4.6.1 Industry Structure4.6.2 Company Profiles5 India5.1 Demand Outlook and Changing Market Dynamics of Budget Hotels5.2 Demand Dynamics5.2.1 Indian hotel industry5.2.2 Market size of budget hotels by volume5.2.3 Market size of budget hotels by value
  4. 4. 5.2.4 Key performance indicators5.3 Consumer Demographics and Spending Pattern5.3.1 Business Tourists5.3.2 Leisure tourists5.3.3 Demographics5.3.4 Spending pattern5.4 Trends and Drivers5.4.1 Consumer dynamics5.4.2 Business dynamics5.4.3 Macroeconomic fundamentals5.5 Challenges5.6 Industry Structure and Competitiveness5.6.1 Industry structure5.6.2 Company profiles6 China6.1 Demand Outlook and Changing Market Dynamics of Budget Hotels6.2 Demand Dynamics6.2.1 Chinese hotel industry6.2.2 Market size of budget hotels by volume6.2.3 Market size of budget hotels by value6.2.4 Key performance indicators6.3 Analysis of Consumer Attitude for Budget Hotels6.3.1 Business tourists6.3.2 Leisure tourists6.3.3 Demographics6.3.4 Spending patterns6.4 Trends and Drivers6.4.1 Consumer dynamics6.4.2 Business Dynamics6.4.3 Macroeconomic fundamentals6.5 Challenges6.6 Industry Structure and Competitiveness6.6.1 Industry structure6.6.2 Company profiles7 Appendix7.1 About BRICdata7.1.1 Areas of expertise7.2 Methodology7.3 Disclaimer
  5. 5. List Of TablesTable 1: BRIC Countries – Budget Hotel Market, 2007–2016Table 2: BRIC Countries – Macroeconomic Prospects, 2012–2016Table 3: BRIC Countries – Macroeconomic Indicators, 2012–2016Table 4: Brazilian Hotel Industry – Number of Hotel Rooms (Units), 2007–2011Table 5: Brazilian Budget Hotels Rooms,2012–2016Table 6: Brazilian Hotel Industry – Budget Hotel Rooms, 2007–2011Table 7: Brazilian Hotel Industry – Budget Hotel Rooms, 2012–2016Table 8: Brazilian Hotel Industry – Budget Hotel Rooms (US$ Billion), (2007–2011Table 9: Brazilian Hotel Industry – Budget Hotel Rooms (BRL Billion), 2007–2011Table 10: Brazilian Hotel Industry – Budget Hotel Rooms (US$ Billion), 2007–2011Table 11: Brazilian Hotel Industry – Budget Hotel Rooms (BRL Billion), 2007–2011Table 12: Brazilian Hotel Industry – Average Revenue per Available Budget Room (US$),2007–2011Table 13 :Brazilian Hotel Industry – Average Revenue per Available Budget Room (BRL),2007–2011Table 14: Brazilian Hotel Industry – Average Revenue per Available Budget Room (BRL),2007–2011Table 15: Brazilian Hotel Industry – Average Revenue per Available Budget Room (US$),2012–2016Table 16: Brazilian Budget Hotels – Average Revenue Per Available (BRL), 2012–2016Table 17: Brazilian Budget Hotel Industry – Business Tourists (Million), 2007–2016Table 18: Brazilian Budget Hotel Industry – Leisure Tourists (Million Units), 2007–2016Table 19: Brazilian Inbound Tourist Demographics – Gender (Million), 2007–2016Table 20: Brazilian Inbound Tourist Demographics – Age group (Thousand), 2007–2016Table 21: Brazilian Tourist – Spending Pattern (%), 2007–2016Table 22: Brazilian Inbound Tourist – Arrival by Country (%), 2007–2016Table 23: Brazilian GDP at Constant Prices (US$ Billion), 2007–2016 (Base Year 1999–2000)Table 24: Brazilian Inflation (%), 2007–2016Table 25: Russian Hotel Industry – Number of Hotels, 2007–2011Table 26: Russian Budget Hotels – Number of Hotels, 2007–2011Table 27: Russian Budget Hotels – Number of Hotels, 2012–2016Table 28: Russian Budget Hotels – Market Size (US$ Million), 2007–2011Table 29: Russian Budget Hotels – Market Size (RUB Million), 2007–2011Table 30: Russian Budget Hotels – Market Size (US$ Million), 2012–2016Table 31: Russian Budget Hotels – Market Size (RUB Million), 2012–2016Table 32: Russian Budget Hotels – Average Revenue Per Available Budget Room (US$),2007–2011Table 33: Russian Budget Hotels – Average Revenue Per Available Budget Room (RUB),2007–2011Table 34: Russian Budget Hotels – Average Revenue Per Day (US$), 2012–2016
  6. 6. Table 35: Russian Budget Hotels – Average Revenue Per Day (RUB), 2012–2016Table 36: Russian Budget Hotels – Business Tourists by Volume (Million), 2007–2016Table 37: Russian Budget Hotels – Leisure Tourists by Volume (Million), 2007–2016Table 38: Russian Budget Hotels – Demographics of Inbound Tourists (Thousand), 2007–2016Table 39: Russian Budget Hotels – Spending Pattern, 2007–2016Table 40: Russian Tourism Industry – Travel Destinations – Inbound Arrivals (Thousand), 2011Table 41: Russian Budget Hotels – Seasonality of Inbound Tourism (Thousand), 2007–2016Table 42: Indian Hotel Industry – Number of Hotels (Thousand units), 2007–2011Table 43: Indian Hotel Industry, 2012–2016Table 44: Indian Hotel Industry – Budget Hotel Rooms, 2007–2011Table 45: Indian Hotel Industry – Budget Hotel Rooms, 2012–2016Table 46: Indian Hotel Industry – Budget Hotel Rooms (US$ Million), 2007–2011Table 47: Indian Hotel Industry – Budget Hotel Rooms (INR Billion), 2007–2011Table 48: Indian Hotel Industry – Budget Hotel Rooms (US$ Million), 2012–2016Table 49: Indian Hotel Industry – Budget Hotel Rooms (INR Billion), 2012–2016Table 50: Indian Hotel Industry – Average Revenue per Available Budget Room (US$),2007–2011Table 51: Indian Hotel Industry – Average Revenue per Available Budget Room (INR), 2007–2011Table 52: Indian Hotel Industry – Average Revenue per Available Budget Room (US$),2012–2016Table 53: Indian Hotel Industry – Average Revenue per Available Budget Room (INR), 2012–2016Table 54: Indian Budget Hotel Industry – Business Tourists, 2007–2016Table 55: Indian Budget Hotel Industry – Leisure Tourists, 2007–2016Table 56: Indian Inbound Tourist Demographics – Gender (Million), 2007–2016Table 57: Indian Inbound Tourist Demographics – Gender (Million), 2007–2016Table 58: Indian Tourist – Spending Pattern (%), 2007–2016Table 59: Indian Inbound Tourist Arrival by Country (Million), 2011Table 60: Indian Tourist – Seasonality of Inbound Tourism (Millions), 2007–2016Table 61: List of Keys HotelTable 62: Chinese Hotel Industry – Number of Hotel Rooms (Thousand units) , 2007–2011Table 63: Chinese Hotel Industry Number of Hotel Rooms (Thousand units), 2012–2016Table 64: Chinese Hotel Industry – Budget Hotel Rooms (Thousands), 2007–2011Table 65: Chinese Hotel Industry – Budget Hotel Rooms(Thousands), 2012–2016Table 66: Chinese Hotel Industry – Budget Hotel Rooms (US$ Billion), 2007–2011Table 67: Chinese Hotel Industry – Budget Hotel Rooms (CNY Billion), 2007–2011Table 68: Chinese Hotel Industry – Budget Hotel Rooms (US$ Billion), 2012–2016Table 69: Chinese Hotel Industry – Budget Hotel Rooms (CNY Billion), 2012–2016Table 70: Chinese Hotel Industry – Average Revenue per Available Budget Room (US$),2007–2011Table 71: Chinese Hotel Industry – Average Revenue per Available Budget Room (CNY),2007–2011Table 72: Chinese Hotel Industry – Average Revenue per Available Budget Room (US$),
  7. 7. 2007–2011Table 73: Chinese Hotel Industry – Average Revenue per Available Budget Room (CNY),2012–2016Table 74: Chinese Budget Hotel Industry – Business Tourists (Million units), 2007–2016Table 75: Chinese Budget Hotel Industry – Leisure Tourists(Million units), 2007–2016Table 76: Chinese Inbound Tourist Demographics – Gender (Million), 2007–2016Table 77: Chinese Inbound Tourist Demographics – Age Group (Million), 2007–2016Table 78: Chinese Inbound Tourists – Spending Patterns (%), 2007–2016Table 79: Brazilian Inbound Tourist – Arrival by Country (%), 2007–2016Table 80: Chinese GDP at Constant Prices (US$ Billion), 2007–2016 (Base Year 1999–2000)Table 81: Chinese Inflation (%), 2007–2016List Of FiguresFigure 1: BRIC Countries – Budget Hotel Market, 2007–2016Figure 2: Brazilian Hotel Industry – Demand Outlook and Changing Market Dynamics of BudgetHotels, 2011Figure 3: Brazilian Hotel Industry – Number of Hotel Rooms, 2007–2011Figure 4: Brazilian Hotel Industry – Number of Hotel Rooms, 2012–2016Figure 5: Brazilian Hotel Industry – Budget Hotel Rooms, 2007–2011Figure 6: Brazilian Hotel Industry – Budget Hotel Rooms, 2012–2016Figure 7: Brazilian Budget Hotels – Budget Hotel Rooms (BRL Billion), 2007–2011Figure 8: Brazilian Hotel Industry – Budget Hotel Rooms (BRL Billion), 2007–2011Figure 9: Brazilian Hotel Industry – Average Revenue per Available Budget Room (BRL),2012–2016Figure 10: Brazilian Budget Hotel Industry – Business Tourists (Million), 2007–2016Figure 11: Brazilian Budget Hotel Industry – Leisure Tourists, 2007–2016Figure 12: Brazilian Inbound Tourist Demographics – Gender (% ) 2007–2016Figure 13: Brazilian Inbound Tourist Demographics – Age group (%), 2007–2016Figure 14: Brazilian Tourists – Spending Pattern (%), 2007–2016Figure 15: Brazilian Inbound Tourists, Arrival by Country (%), 2011-2016Figure 16: Brazilian Tourist – Seasonality of Inbound Tourism (%), 2007–2016Figure 17: Brazilian GDP at Constant Prices (US$ Billion), 2007–2016 (Base Year 1999–2000)Figure 18: Brazil – Inflation Rate (%), 2007–2016Figure 19: Brazil Urban and Rural Population (%), 2007–2016Figure 20: Brazilian Construction Net Output at Current Prices (US$ Billion), 2007–2016Figure 21: Russian Hotel Industry – Budget Hotels, Demand and Supply, 2011Figure 22: Russian Hotel Industry – Number of Hotels, 2007–2011Figure 23: Russian Budget Hotels – Number of Hotels, 2007–2011Figure 24: Russian Budget Hotels – Number of Hotels, 2012–2016Figure 25: Russian Budget Hotels – Market Size (RUB Million), 2007–2011Figure 26: Russian Budget Hotels – Market Size (RUB Million), 2012–2016
  8. 8. Figure 27: Russian Budget Hotels – Average Revenue Per Available Budget Room (RUB),2007–2011Figure 28: Russian Budget Hotels – Average Revenue Per Day (RUB Billion), 2012–2016Figure 29: Russian Budget Hotels – Business Tourists by Volume (Million), 2007–2016Figure 30: Russian Budget Hotels – Leisure Tourists by Volume (Million), 2007–2016Figure 31: Russian Budget Hotels – Demographics of Inbound Tourists (Thousand), 2007–2016Figure 32: Russian Budget Hotels – Spending Pattern, 2007–2016Figure 33: Russian Budget Hotels – Seasonality of Inbound Tourism (Thousand), 2007–2016Figure 34: Russian Budget Hotels – Target Regions, 2007–2016Figure 35: Russian GDP at Constant Prices (US$ Billion), 2007–2016 (Base Year 1999–2000)Figure 36: Russia – Inflation Rate (%), 2007–2016Figure 37: Russian Urban and Rural Population (%), 2007–2011Figure 38: Russia Construction Net Output at Current Prices (US$ Billion), 2007–2016Figure 39: Indian Hotel Industry – Future Outlook for Budget Hotel Industry in IndiaFigure 40: Indian Hotel Industry – Number of Hotels (Thousand units), 2007–2011Figure 41: Indian Hotel Industry, 2012–2016Figure 42: Indian Hotel Industry – Budget Hotel Rooms, 2007–2011Figure 43: Indian Hotel Industry – Budget Hotel Rooms, 2012–2016Figure 44: Indian Hotel Industry – Budget Hotel Rooms (INR Billion), 2007–2011Figure 45: Indian Hotel Industry – Budget Hotel Rooms (INR Billion), 2012–2016Figure 46: Indian Hotel Industry – Average Revenue per Available Budget Room (INR),2007–2011Figure 47: Indian Hotel Industry – Average Revenue per Available Budget Room (INR),2012–2016Figure 48: Indian Budget Hotel Industry – Business Tourists, 2007–2016Figure 49: Indian Budget Hotel Industry – Leisure Tourists, 2007–2016Figure 50: Indian Inbound Tourist Demographics – Gender (Million), 2007–2016Figure 51: Indian Inbound Tourist Demographics – Age Group (Million), 2007–2016Figure 52: Indian Tourist – Spending Pattern (%), 2007–2016Figure 53: Indian Tourist – Seasonality of Inbound Tourism (Millions), 2007–2016Figure 54: Indian GDP at Constant Prices (US$ Billion), 2007–2016 (Base Year 1999–2000)Figure 55: India – Inflation Rate (%), 2007–2016Figure 56: Indian Urban and Rural Population (%), 2007–2016Figure 57: India Construction Net Output at Current Prices (US$ Billion), 2007–2016Figure 58: Chinese Hotel Industry – Demand Outlook and Changing Market Dynamics of BudgetHotelsFigure 59: Chinese Hotel Industry – Number of Hotels (Thousand units), 2007–2011Figure 60: Chinese Hotel Industry Number of Hotels (Thousand units), 2012–2016Figure 61: Chinese Hotel Industry – Budget Hotel Rooms( Thousands), 2007–2011Figure 62: Chinese Hotel Industry – Budget Hotel Rooms(Thousands), 2012–2016Figure 63: Chinese Hotel Industry – Budget Hotel Rooms (CNY Billion), 2007–2011Figure 64: Chinese Hotel Industry – Budget Hotel Rooms (CNY Billion), 2012–2016
  9. 9. Figure 65: Chinese Hotel Industry – Average Revenue per Available Budget Room (CNY),2007–2011Figure 66: Chinese Hotel Industry – Average Revenue per Available Budget Room (CNY),2012–2016Figure 67: Chinese Budget Hotels – Business Tourists, 2007-2016Figure 68: Chinese Budget Hotels – Leisure Tourists, 2007–2016Figure 69: Chinese Inbound Tourist Demographics – Gender (%), 2007–2016Figure 70: Chinese Inbound Tourist Demographics – Age Group (%), 2007–2016Figure 71: Chinese Inbound Tourists – Spending Patterns(%), 2012–2016Figure 72: Chinese Inbound Tourist – Arrival by Country (%), 2007–2016Figure 73:Chinese Domestic Tourists– Seasonality, 2012–2016Figure 74: Chinese GDP at Constant Prices (US$ Billion), 2007–2016 (Base Year 1999–2000)Figure 75: Chinese Inflation (%), 2007–2016Figure 76: Chinese Urban and Rural Population (%), 2007–2016Figure 77: Chinese Construction Net Output at Current Prices (US$ Billion), 2007–2016Contact: sales@reportsandreports.com for more information.

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