I. Market Evolution & Major Players: China’s Budget Hospitality Transformation China’s budget hotel sector has undergone a structural metamorphosis, evolving from rudimentary lodgings into a $32 billion technological ecosystem serving 280 million annual travelers. This revolution is spearheaded by conglomerates leveraging vertically integrated operations and algorithmic revenue management to deliver exceptional value at ¥150-¥400/night price points. Three dominant entities control 74% market […]
