Economic-Type Hotel Industry Difficult To Have It Both Ways

With the rise of the domestic mass tourism and business tourism, the domestic economy hotels in recent years, showing «explosive» growth. However, property rental costs rising and the domestic economy’s rapid growth in the number of hotels, making the cost of economic-type hotel expansion began to rise, the entire hotel industry in the watershed beginning to show through.

With the development of the domestic mass tourism consumers low-priced but clean and comfortable budget hotel in ever greater demand. High-grade hotels and high property costs and other factors making it impossible for consumers to provide such a high price hotel room. Therefore, beginning in 2009, mid-range hotels in China begin to receive a larger development. One of the most fierce momentum is carried out starting in May 2009 to join the business is still off excellent Inn. Its founding less than a year, the south to north, rapidly expanding. China’s economy hotel became the seventh position.

At the same time, online booking service and the opening and with the third party payment agencies, mid-budget hotels have also achieved a booking, payment integration services, both to simplify the procedure of consumers booking fee, but also to achieve real-time booking, lower the vacancy rate. Data show that in 2009, the Chinese mid-class economy hotel occupancy rate has been higher than the high-end hotels occupancy rate.

From the entire industry, the domestic economy hotel industry development time is still short, still in the product competition stage. But with the expansion of the rising costs and changes in the main consumer groups, economy hotel industry will be a high economic-type hotel keep on breaking up the situation.