Cheap Hotels (2027)
Characterized by low start-up and operating costs, leading to high occupancy rates and quick returns on investment. Factors Influencing Guest Satisfaction
The perceived balance between the price paid and the service received. cheap hotels
Focuses on core needs (clean rooms, bed, and sometimes breakfast) while omitting luxuries like spas or pools. Characterized by low start-up and operating costs, leading
Budget hotels: not just minor hospitality products - ScienceDirect cheap hotels
Academic research on "cheap" or budget hotels highlights that their success stems from a "no-frills" service formula designed to offer value-conscious travelers high-quality essentials at lower prices.
Research published in Bisma (2021) and Cogent Business & Management (2025) identifies the primary drivers of satisfaction for budget hotel guests: