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									Aarkstore.in announces, a new market research report is available in its vast collection:


    Changing Consumer Attitudes and Future Outlook for the
               Budget Hotel Industry in BRIC
http://aarkstore.in/Changing-Consumer-Attitudes-and-Future-Outlook-for-the-Budget-Hotel-Industry-
in-BRIC.html

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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

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%.

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

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

Table of Contents :

1 Executive Summary
2 BRIC Countries Comparison
2.1 Market Opportunity
2.2 Macroeconomic Drivers
3 Brazil
3.1 Demand Outlook and Changing Market Dynamics of Budget Hotels
3.1.1 Brazilian hotel industry
3.1.2 Market size of budget hotels by volume
3.1.3 Market size of budget hotels by value
3.1.4 Key performance indicators
3.2 Analysis of Consumer Attitude for Budget Hotels
3.2.1 Business tourists
3.2.2 Leisure tourists
3.2.3 Demographics
3.2.4 Spending patterns
3.3 Trends and Drivers
3.3.1 Consumer dynamics
3.3.2 Business Dynamics
3.3.3 Macroeconomic fundamentals
3.4 Challenges
3.5 Industry Structure and Competitiveness
3.5.1 Industry Structure
3.5.2 Company Profiles
4 Russia
4.1 Demand Outlook and Changing Market Dynamics of Budget Hotels
4.2 Demand Dynamics
4.2.1 Russian hotel industry
4.2.2 Market size of budget hotels by volume
4.2.3 Market size of budget hotels by value
4.2.4 Key performance indicators
4.3 Analysis of Consumer Attitude for Budget Hotels
4.3.1 Business tourists
4.3.2 Leisure tourists
4.3.3 Demographics
4.3.4 Spending patterns
4.4 Trends and Drivers
4.4.1 Consumer dynamics
4.4.2 Business dynamics
4.4.3 Macroeconomic fundamentals

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