What do people think of when they hear "a budget hotel"?
In the past, budget accommodation was associated with something cheap, smeary, unsafe or cheesy. If it is low-cost, there is something suspicious which is better to avoid. Fortunately, the segment managed to change the perception of the guests and investors to 180-degrees. Now a growing number of people are convinced that such a hotel is clean, reliable, and good value for money; an economy resistant investment vehicle generating consistent cash flows.
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