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China Budget Hotel Report, 2009-2010 Now Available at ReportsandReports


China’s budget hotels are mainly distributed in first-tier cities such as Shanghai, Beijing and Guangzhou, and Beijing and Shanghai alone accounted for around 25% of China’s total. In the future, the well-known budget hotel groups will expand to second-tier and third-tier cities due to a wide and prospect future there.

Dallas, TX, June 10, 2010 --(PR.com)-- ReportsandReports Announce it Will Carry China Budget Hotel Report, 2009-2010 Market Research Report in its Store.

Browse the complete Report on: http://www.reportsandreports.com/market-reports/china-budget-hotel-report-2009-2010/

As of December 31, 2009, China had 3,757 budget hotels in total, up 952 and 33.9% year-on-year, with 412,840 guest rooms, rising 99,910 and 31.9% year-on-year.

In addition, the top ten budget hotels in China were Home Inns, Jinjiang Inn, Motel168, 7 Days Inn, Hanting Inns & Hotels, GreenTree Inn, Super 8 Hotel, Ibis Hotel, Vienna Hotel and Hotel Home. The top three, top five and top ten accounted for 37.0%, 52.5% and 63.3% of China’s budget hotel market respectively, and the market will be further concentrated in the future.

China’s budget hotels are mainly distributed in first-tier cities such as Shanghai, Beijing and Guangzhou, and Beijing and Shanghai alone accounted for around 25% of China’s total. In the future, the well-known budget hotel groups will expand to second-tier and third-tier cities due to a wide and prospect future there.

The report has made an in-depth analysis of China’s budget hotel industry in terms of tourism development, hotel industry development, budget hotel regional development, nationwide budget hotel groups, and regional budget hotel groups.

Browse all Country Reports at: http://www.reportsandreports.com/market-research/country-reports/

Browse Research In China at: http://www.reportsandreports.com/Publishers/research-in-china/

Browse Latest Reports at: http://www.reportsandreports.com/LatestReport.aspx

Related Reports:
China Budget Hotel Market Report, 2008-2009
http://www.reportsandreports.com/market-reports/china-budget-hotel-market-report-2008-2009/

China Budget Hotel Market Report,2007-2008
http://www.reportsandreports.com/market-reports/china-budget-hotel-market-report2007-2008/

China Smart Grid Equipment Segmented Market Report, 2009-2010
http://www.reportsandreports.com/market-reports/china-smart-grid-equipment-segmented-market-report-2009-2010/

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