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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.

Synopsis
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 countries.
http://www.bharatbook.com/travel-and-tourism-market-research-reports/changing-consumer-
attitudes-and-future-outlook-for-the-budget-hotel-industry-in-bric.html


Summary
Among the BRIC countries, Brazil has the largest budget hotel market, followed by China, India
and Russia. Brazil's budget hotel market size totaled US$3.1 billion in 2011. Within BRIC
countries, Brazil was the fastest-growing market during the review period, recording a CAGR of
20.64%. Brazil is anticipated to remain the fastest-growing market over the forecast period, with
a CAGR of 18.65%.

In all the BRIC countries, macroeconomic growth is expected to support the growth of the
respective budget hotel markets. With robust projected growth in GDP, the BRIC countries are
expected to continue their rapid economic growth over the forecast period, with China expected
to record the strongest GDP growth at an anticipated forecast-period CAGR of 9.5%, followed
by India with an anticipated forecast-period CAGR of 8%.


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 strategies

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
- It provides profiles of key companies operating in budget hotel industry


For more information kindly visit : http://www.bharatbook.com/travel-and-tourism-market-
research-reports/changing-consumer-attitudes-and-future-outlook-for-the-budget-hotel-industry-
in-bric.html

Contact us at :

Bharat Book Bureau
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Email: info@bharatbook.com
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Brazil ,China ,India ,Russia ,Hotels ,Market Research

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Description: Bharatbook.com included a new research report on "Changing Consumer Attitudes and Future Outlook for the Budget Hotel Industry in BRIC" This report provides an extensive analysis of the budget hotel industry in the four BRIC.