000 01095cab a22001815a 4500
001 L144908
008 080819d2008 xxkd f s 000 0 eng d
035 _a(Sirsi) u144908
041 0 _aeng
100 1 _aWalker, Ben
245 0 0 _aBudget hotels' expansion has a long way to go
260 _c2008
490 _aProperty Forecast
_v11(6) June 2008, 8-9(2)
520 _aArticle discusses the 8.8% total rooms' revenue growth of the United Kingdom budget hotel market. States that small to medium transactions are booming, as the major players in the budget hotel market seek to take advantage of falling prices to expand their property portfolios. Suggests that secondary and tertiary sites are a major growth area, with hotels being opened in smaller cities. Illustrates the gap between the market share of UK budget hotels (13.2%) and the US (25%) and France (23.4%) and suggests that there is further room for market penetration.
651 4 _aUnited Kingdom
_y
690 _aPROPERTY-RESIDENTIAL PROPERTY-COMMUNAL RESIDENTIAL PROPERTY-COMMUNAL RESIDENTIAL FACILITIES-HOTELS
942 _n0
999 _c80635
_d80635