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Sector Analysis
Global Budget Hotels Market to 2024 – Market Data and Insights on the Global Budget Hotels Industry
GlobalData’s Budget Hotels Market report provides in-depth analysis of the key market trends that are shaping the future of this segment and an analysis of the budget accommodation market globally. Detailed market insight is provided on the Americas, Asia-Pacific, Middle East & Africa, and Europe. It also features profiles of some of the market’s leading players and looks at how companies can better meet their customers' needs.
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Sector Analysis
Global Budget Hotels Market to 2022: Market data and insights on global budget hotels industry
"Global Budget Hotels Market to 2022", report provides in-depth analysis of the key market trends that are shaping the future of this segment and analysis of the budget hotel market globally. Detailed market insight is provided on regions like The Americas, Asia-Pacific, Middle East & Africa, and Europe. Also, company profiles for budget hotels are provided and how companies can tap into this to better meet their customers' needs. The US was top in terms of total revenue in the...
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Thematic Analysis
Thematic Research: Brexit’s impact on Tourism
Companies that reside within the travel and tourism industry need to actively prepare and reformulate their plans in preparation for Brexit. The current state leaves an array of factors that have the potential for drastic effects on all sectors within the industry. Due to the continual rejection of Theresa May’s deal and now her resignation from office, followed by a potential Conservative Leadership contest, the likelihood of a potential ‘No deal’ situation continues to come into play, thus business, DMOs,...
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Sector Analysis
Tourism Destination Market Insights: UK & Ireland – Analysis of destination markets, infrastructure and attractions, and risks and opportunities
The United Kingdom provides a diverse range of attractions, experiences and activities appealing to all types of travelers from city slickers, heritage enthusiasts, culture seekers, avid walkers and adventurers worldwide. It remains a highly popular destination, attracting large numbers of business and lesiure travelers. Ireland holds vast sweeping landscapes, an abundance of cultural attractions, two UNESCO world heritage sites along with the dynamic and vibrant city life offered within the capital Dublin. It is consequently a hotbed of leisure tourism....
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Sector Analysis
The Global Budget Hotels Market to 2020
The Global Budget Hotel Market industry grew in 2015 due to demand for affordable accommodation, with an increase in the middle-class population in Asia-Pacific and European regions. The US ranked first in the Budget Hotels segment with room supply of 874,591 in 2015, followed by the UK and China, while Malaysia was the fastest-growing market at a CAGR of 12.2%. In terms of occupancy rate, Asian countries led from the front with Hong Kong (87% in 2015) at the top,...
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Sector Analysis
Travel and Tourism in the UK to 2020
With the help of VisitBritain’s (tourist board of Great Britain) tourism promotional efforts, the UK’s tourism sector depicted growth during 2010–2015, when domestic and inbound tourist volumes rose at a CAGR of 1.99% and 3.81% respectively. The growth in outbound tourism was supported by the improved economic growth in the same period.
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Sector Analysis
Travel and Tourism in Ireland to 2021
The tourism sector in Ireland performed well during 2015. Inbound tourism registered strong growth due to factors including the strong economic performance of key source markets such as Germany and the weaker Euro against the pound and Dollar contributing to increasing arrivals from the US and the UK. Moreover, improved air services to Ireland from the major source markets such as the US along with the branding initiatives of Fáilte Ireland such as Dublin - a Breath of Fresh Air...
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Sector Analysis
The Global Budget Hotels Market to 2019
The US is the largest market in the world for budget hotels in terms of room supply (867,695 rooms in 2014) and the UK is the second largest but is significantly smaller (just 35% of the US’ total size). The US also tops the list in terms of revenues and again the UK is ranked second, though with a relatively smaller difference compared to the room supply difference. This clearly implies that the US market is saturated and registers low...
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Analyst Opinions
Key Trends in Lodging
This report provides analysis of key market trends, M&A deals, and company strategies in the lodging industry. Major hotel chains are assessed, along with an analysis of alternative accommodation types to provide valuable insight. Challenges along with opportunities in the industry are explained in relation to industry examples. Key Highlights - Many different sectors within the lodging industry now try to personalize their offerings using different strategies. Personalization can be achieved by analyzing data points in the customer’s online journey...