Focuses on core needs (clean rooms, bed, and sometimes breakfast) while omitting luxuries like spas or pools.
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.
Characterized by low start-up and operating costs, leading to high occupancy rates and quick returns on investment. Factors Influencing Guest Satisfaction
Budget hotels: not just minor hospitality products - ScienceDirect
Lower room rates compared to full-service hotels.
