Budget Hotels Market Potential and Forecast 2032

Caitancruz16 Apr, 2025Business

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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