Characterized by low start-up and operating costs, leading to high occupancy rates and quick returns on investment. Factors Influencing Guest Satisfaction
Research published in Bisma (2021) and Cogent Business & Management (2025) identifies the primary drivers of satisfaction for budget hotel guests: cheap hotels
Often cited as the most critical expectation for low-cost travelers. 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.
According to a study on Malaysian budget hotels , this segment is typically defined by five key similarities: