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Budget Hotel Development in Europe by bhupathireddyo is a document available to read on EtoBox.
Branded budget hotels in Europe have proven more resilient during the economic downturn than midscale and upscale hotels, with an estimated 5-10% decrease in revenue compared to 15-20% for other hotel types. Budget hotels are well-suited for development in strategic locations with restricted space like city centers, business parks, and transport hubs. Typical budget hotels require 1,500-1,700 square meters for bedrooms, 350-500 square meters for circulation, and 250-500 square meters for back-of-house areas
- Author
- bhupathireddyo
- Language
- EN