Economy Hotels Market

Economy hotelsare small to medium-sizedhotelestablishments that offer basic accommodations with little to no services.A motel is a small-sized low-rise lodging with direct access to individual rooms from the car park. Boutiquehotelsare typicallyhotelswith a unique environment or intimate setting.
Economy Hotels Market contains market size and forecasts of Economy Hotels in Global, including the following market information:
Global Economy Hotels Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)

The global Economy Hotels market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
One-bed Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Economy Hotels include Lawton & Lauriston, All Seasons, Dolby Hotels, Choice Hotels, Holiday Inn, B&B Hotels, Balladins, Future Inns and Wyndham, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Economy Hotels companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:
Global Economy Hotels Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Economy Hotels Market Segment Percentages, by Type, 2021 (%)

• One-bed
• Two-bed
• Suite

Global Economy Hotels Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Economy Hotels Market Segment Percentages, by Application, 2021 (%)

• Individual
• Family
• Company

Global Economy Hotels Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Economy Hotels Market Segment Percentages, By Region and Country, 2021 (%)

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• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:

• Key companies Economy Hotels revenues in global market, 2017-2022 (estimated), ($ millions)
• Key companies Economy Hotels revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Lawton & Lauriston
• All Seasons
• Dolby Hotels
• Choice Hotels
• Holiday Inn
• B&B Hotels
• Balladins
• Future Inns
• Wyndham
• Red Roof Inn
• Premier Inn