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Changing Consumer Attitudes and Future Outlook for the Budget Hotel Industry in China: Market Profile

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Synopsis
The report provides market analysis, information and insights, including:
• In-depth analysis of the budget hotel industry in China
• A comprehensive understanding of market trends, drivers, opportunities and challenges across key customer segments
• Detailed market sizing of the budget hotel industry in China for a period of ten years (2007–2016)
• Detailed analysis of consumer attitudes towards budget hotels
• Detailed analysis of tourist spending patterns in China

Summary
The Chinese hotel industry is expanding rapidly and is likely to record significant growth over the forecast period due to strong economic growth. The Chinese leisure and hospitality buildings sector totaled CNYXX billion in 2007 and reached CNYXX billion in 2011, growing at a CAGR of XX% during the review period. The sector is projected to grow at a CAGR of XX% over the forecast period from CNYXX billion in 2012 to CNYXX billion in 2016.

The number of budget hotel rooms in China grew from XX in 2007 to XX in 2011, at a CAGR of XX% during the review period and is projected to grow at a CAGR of XX% over the forecast period from XX in 2012 to XX in 2016. This increase is likely to benefit construction companies. The Chinese hospitality industry attracted an increased numbers of visitors to the country, which is projected to grow over the forecast period.

Scope
This report provides an extensive analysis of the budget hotel industry in China
• It provides historical and forecast market sizes for the budget hotel industry in China
• It offers detailed analysis of the factors driving the growth of the budget hotel industry, and the key emerging trends and drivers in China
• It provides profiles of key companies operating in the budget hotel industry

Reasons To Buy
• Gain in-depth insight into the budget hotel industry in China
• Understand the demand and supply-side dynamics within Chinese 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 China and formulate effective market-entry strategies

 

Table of Contents :

 

1 BRIC Countries Comparison
1.1 Market Opportunity
1.2 Macroeconomic Drivers
2 China
2.1 Demand Outlook and Changing Market Dynamics of Budget Hotels
2.2 Demand Dynamics
2.2.1 Chinese hotel industry
2.2.2 Market size of budget hotels by volume
2.2.3 Market size of budget hotels by value
2.2.4 Key performance indicators
2.3 Analysis of Consumer Attitude for Budget Hotels
2.3.1 Business tourists
2.3.2 Leisure tourists
2.3.3 Demographics
2.3.4 Spending patterns
2.4 Trends and Drivers
2.4.1 Consumer dynamics
2.4.2 Business Dynamics
2.4.3 Macroeconomic fundamentals
2.5 Challenges
2.6 Industry Structure and Competitiveness
2.6.1 Industry structure
2.6.2 Company profiles
3 Appendix
3.1 About BRICdata
3.1.1 Areas of expertise
3.2 Methodology
3.3 Disclaimer

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