Comprehensive Forecast of Budget Hotels Market 2032

View Full Report: https://dataintelo.com/report/....global-budget-hotels

The global Budget Hotels Market is poised for consistent growth as consumers seek affordable yet quality lodging solutions across domestic and international travel segments. According to a recent study by Dataintelo, the market was valued at USD 108.7 billion in 2023 and is projected to reach USD 173.5 billion by 2031, expanding at a CAGR of 6.1% during the forecast period from 2024 to 2031.

 

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Budget Hotels Market Report | Global Forecast From 2025 To 2033

The global budget hotels market size is projected to reach approximately $170 billion by 2023 and is expected to grow to $270 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.2% during the forecast period.