Photographs: Reuters.
International hoteliers are betting big on budget hotels in Asia.
Major hotels like InterContinental Hotels Group, Marriott and Accor and Indian companies like Taj, ITC are planning to expand their budget hotel chain in India.
With a boom in tourism, many budget hotels are planned for tier-II and tier-III cities across India as well.
Take a look at views from budget hotels...
Budget hotels boom in Asia
Photographs: Reuters.
Facing economic malaise in Europe and the United States, as well as heavy local competition to build hotels in China, the world's fastest growing hospitality market, global hoteliers see a window of opportunity in India and Indonesia.
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Budget hotels boom in Asia
Photographs: Reuters.
Budget hotels are especially appealing for investors because of the lower land costs needed for a simple block of rooms, compared to a luxury hotel that requires extra space for a grand lobby, swimming pools and conference rooms.
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Budget hotels boom in Asia
Photographs: Reuters.
Local travellers walk along Kuta beach at the Indonesian resort island of Bali.
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Budget hotels boom in Asia
Photographs: Reuters.
Budget hotels are especially appealing for investors because of the lower land costs needed for a simple block of rooms, compared to a luxury hotel that requires extra space for a grand lobby, swimming pools and conference rooms.
...
Budget hotels boom in Asia
Photographs: Reuters.
Families relax in the swimming pool of a budget hotel in the Indonesian resort island of Bali.
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Budget hotels boom in Asia
Photographs: Amit Dave/Reuters.
Rising spending by domestic travellers in India and Indonesia is prompting international hoteliers to build budget and mid-scale brands in the world's second and fourth largest populations.
Ginger, run by the Tata Group's Indian Hotels Company, owner of Taj hotels, has 24 budget hotels in India with plans to grow to 75 hotels over the next four years.
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Budget hotels boom in Asia
Photographs: Amit Dave/Reuters.
An attendant holds a trolley loaded with the luggage of a guest at the reception area of the Tata Group's Indian Hotels Co. Ginger chain in Ahmedabad.
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Budget hotels boom in Asia
Photographs: Vivek Prakash/Reuters.
Keys Hotels, funded by US billionaire Nicholas Berggruen, has 12 mid-scale hotels and plans for another 30 in five years.
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Budget hotels boom in Asia
Photographs: Vivek Prakash/Reuters.
A member of the housekeeping staff prepares a room at the Keys Hotel Nestor in Mumbai.
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Budget hotels boom in Asia
Photographs: Vivek Prakash/Reuters.
Guests eat in a restaurant at the Keys Hotel Nestor in Mumbai.
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Budget hotels boom in Asia
Photographs: Parivartan Sharma/Reuters.
Vasundhra Thapa, 26, a Mathematics teacher, poses for a picture outside the building of Tata Group's Indian Hotels Co. Ginger chain in New Delhi.
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Budget hotels boom in Asia
Vikas (L), 34, a software engineer and his wife Sunita, 29, have lunch in a restaurant of Tata Group's Indian Hotels Co. Ginger chain in New Delhi.
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