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Budget hotels boom in Asia

Last updated on: June 22, 2012 08:31 IST

Budget hotels boom in Asia

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International hoteliers are betting big on budget hotels in Asia.

Major hotels like InterContinental Hotels Group, Marriott and Accor and Indian companies like Taj, ITC are planning to expand their budget hotel chain in India.

With a boom in tourism, many budget hotels are planned for tier-II and tier-III cities across India as well.

Take a look at views from budget hotels...


Image: A guest is seen at the lobby of a budget hotel in the Indonesian resort island of Bali.
Photographs: Reuters.

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Budget hotels boom in Asia

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Facing economic malaise in Europe and the United States, as well as heavy local competition to build hotels in China, the world's fastest growing hospitality market, global hoteliers see a window of opportunity in India and Indonesia. 

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Image: Hotel employees prepare a room for their guest at a budget hotel in the Indonesian resort island of Bali.
Photographs: Reuters.

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Budget hotels boom in Asia

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Budget hotels are especially appealing for investors because of the lower land costs needed for a simple block of rooms, compared to a luxury hotel that requires extra space for a grand lobby, swimming pools and conference rooms.

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Photographs: Reuters.
Tags: , Asia

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Budget hotels boom in Asia

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Local travellers walk along Kuta beach at the Indonesian resort island of Bali.
 

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Photographs: Reuters.
Tags: , Kuta , Indonesian , Asia , Bali

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Budget hotels boom in Asia

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Budget hotels are especially appealing for investors because of the lower land costs needed for a simple block of rooms, compared to a luxury hotel that requires extra space for a grand lobby, swimming pools and conference rooms.

Click NEXT to read more...



Image: A labourer works during the construction of a budget hotel near Sukarno-Hatta airport in Jakarta.
Photographs: Reuters.
Tags: , Asia

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Budget hotels boom in Asia

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Families relax in the swimming pool of a budget hotel in the Indonesian resort island of Bali.

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Photographs: Reuters.
Tags: , Indonesian , Asia , Bali

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Budget hotels boom in Asia

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Rising spending by domestic travellers in India and Indonesia is prompting international hoteliers to build budget and mid-scale brands in the world's second and fourth largest populations.

Ginger, run by the Tata Group's Indian Hotels Company, owner of Taj hotels, has 24 budget hotels in India with plans to grow to 75 hotels over the next four years.

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Image: A guest works on a laptop inside his room at the Tata Group's Indian Hotels Co.
Photographs: Amit Dave/Reuters.

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Budget hotels boom in Asia

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An attendant holds a trolley loaded with the luggage of a guest at the reception area of the Tata Group's Indian Hotels Co. Ginger chain in Ahmedabad.

 

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Photographs: Amit Dave/Reuters.

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Budget hotels boom in Asia

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Keys Hotels, funded by US billionaire Nicholas Berggruen, has 12 mid-scale hotels and plans for another 30 in five years. 

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Image: A guest looks at the buffet in a restaurant at the Keys Hotel Nestor in Mumbai.
Photographs: Vivek Prakash/Reuters.

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Budget hotels boom in Asia

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A member of the housekeeping staff prepares a room at the Keys Hotel Nestor in Mumbai.

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Photographs: Vivek Prakash/Reuters.
Tags: , Asia

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Guests eat in a restaurant at the Keys Hotel Nestor in Mumbai.

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Photographs: Vivek Prakash/Reuters.

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Vasundhra Thapa, 26, a Mathematics teacher, poses for a picture outside the building of Tata Group's Indian Hotels Co. Ginger chain in New Delhi.

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Photographs: Parivartan Sharma/Reuters.

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Vikas (L), 34, a software engineer and his wife Sunita, 29, have lunch in a restaurant of Tata Group's Indian Hotels Co. Ginger chain in New Delhi.




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