( CNNGo ) -- Sure , luxury accommodation in Asia takes the headlines , but what about us regular folk who just want a decent bed before hiking in Berastagi ? Big hotel chains such as InterContinental , Swiss-Belhotel International and Accor have recently announced plans to build more than 350 economy and express hotels in various parts of Asia including China , India , Singapore , Malaysia , Philippines and Indonesia by the end of 2012 . Do n't call the new breed budget hotels or hostels , which are usually in cheaper areas . High-end hotel companies that have `` economy '' brands are often higher quality , cleaner , chicer and closer to city centers . Read more on CNNGo : 15 bizarre hotels . Post-recession business travelers are being more responsible with their money and hoteliers say young executives on the move are demanding high-quality hotels with fewer trimmings like business centers or rooftop pools . `` Business tourists prefer two- to three-star facilities because it 's convenient -- they do n't want to waste money on facilities they wo n't use , '' says Gavin Faull , president of Swiss-Belhotel International . International Air Transport Association and Smith Travel Research also anticipated higher growth in business travel compared to leisure travel in the upcoming year , according to a report from Ernst & Young -- `` Global Hospitality Insights : Top Thoughts for 2011 . '' Read more on CNNGo : 10 adventures for chocoholics . Global business travel spending is projected to grow 34 percent in four years , from US $ 896 billion in 2010 to US $ 1.2 trillion by 2014 , with Asia , Latin America and the Middle East expected to grow faster than the current recovering economies of the United States and Europe , according to Ernst & Young 's report . Fewer frills , more savings . Much of the growth will be driven by the increased demand for economy hotels , which cost less than full-service hotels because guests pay only for basic amenities . For example , a one-night weekend stay in November at a standard Holiday Inn Express in Hong Kong costs 20 percent less than a room at the full-service Holiday Inn Golden Mile , Hong Kong . `` [ Express hotels are ] everything you need and nothing you do n't , '' says David Anderson , vice president at InterContinental Hotels . And the strategy for no-frills , but decent , rooms is working . Revenue per room grew 15 percent in Asia-Pacific during 2010 , while the United States saw about 7 percent growth , as reported by Ernst & Young . `` This growth [ in the Asia-Pacific travel industry ] is a complete reflection of domestic economy strength , '' says Evan Lewis , Accor 's VP for Asia-Pacific communications . Read more on CNNGo : 10 cities , 100 fantastic free attractions . For the regular non-business folk in Asia who just want to hit the beach on a nearby island over a weekend , this means more economy chains located in downtown cores . So while the roach-infested hovels with views over the sewer will still be there for those who like to slum it , there are now cheap places in good areas to toss your luggage and explore the city -- - without forcing yourself to use the pool or gym you did n't ask for . Select economy hotels . Holiday Inn Express , 33 Sharp St. East , Causeway Bay , Hong Kong , +852 3558 6688 , www.hiexpress.com . Hotel Ibis Shanghai , 858 Panyu Road , Xuhui , Shanghai , China , +86 21 6283 8800 , www.ibishotel.com . Swiss-Inn Batam , Komplek Villa Idaman Baloi Batam 29432 , Batam , Indonesia , +62 778 457 500 . © 2011 Cable News Network Turner Broadcasting System , Inc. All Rights Reserved .
High-end hotels building `` economy '' brands that are closer to city centers than hostels . A boom in Asia-Pacific business travel means more affordable accommodation for everyone . Comment: