Traditional Culture Encyclopedia - Hotel franchise - What is an economy hotel?

What is an economy hotel?

Economy hotel, also known as limited service hotel, is characterized by its low price and its service mode is "B&; B "(accommodation+breakfast). The United States, which first appeared in the 1950s, is now a quite mature hotel form in Europe and America.

The market potential of budget hotels is huge, with outstanding advantages such as less investment, high return and short cycle. As the two main forces of domestic budget hotels, "Home Inn" and "Jinjiang Inn" are expanding at an alarming rate. At the same time, American Best Western, American Super 8 and French IELTS Group's Ibis have also entered China. From the coast to the mainland, the market share has gradually expanded.

But there are still many pessimistic factors behind its booming aura. The restructuring of state-owned hotels, the guidance of standardized policies and regulations, the upgrade of service software and the upgrade of management mode ... many problems can not be ignored. However, there is no doubt that budget hotels will move from naivety to maturity and occupy a special and important position in China hotel market.