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com/research/j8xjr8/changing_consumer) has announced the addition of the "Changing Consumer Attitudes and Future Outlook for the Budget Hotel Industry in Brazil: Market Profile" report to their offering.
The deal, prepared as an asset sale, will provide ZoRoom'sseven founders and investors together with Tiger Global a combined 7% stake in India's biggest budget hotel aggregator.
The arrangement - known as a company voluntary arrangement (CVA) - was voted through by the budget hotel chain's creditors in a vote on Tuesday.
They wanted their version of a budget hotel," Haji-Ioannou said, alluding to delays in gaining regulatory approval for the property.
It will be the second budget hotel at the site to be opened within 12 months.
The average budget hotel - such as the new Etap in Birmingham city centre which will put you up overnight for less than pounds 40 - still manages to provide a decent level of service and facilities, albeit in a smaller package than you would normally expect to find.
Meanwhile, HRAB was informed by the ministry of economic affairs that the budget hotels (nonstar hotels) will be granted two years to upgrade their hotel to meet the B+ requirements, but the recently the TCB decided to implement the new regulation from January 1next year, which leaves a little over a month for budget hotels to be ready and to be certified to meet the B+ requirement.
30 December 2016 - UK-based budget hotel operator easyHotel (LSE: EZH) has conditionally acquired the 250-year leasehold of 14 - 22 Lands Lane in Leeds for development of a new easyHotel, the company said.
Target: 55 hotels let to budget hotel brand Travelodge Hotels
The global budget hotels market registered moderate growth in 2014, based on the Canadean analysis of 40 countries around the world.
com)-- ixigo, India's leading travel search app has announced its first-ever "Super Value Hotel Awards" to recognize the best premium budget hotels across 18 Indian cities.
Bacaro on Castle Street BUDGET hotel group EASYHOTEL - launched by the man behind EASYJET - looks set to bring its first venture to Liverpool.

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