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Hotels in China: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Hotels Market Research Report | Feb 2014

IBISWorld’s Hotels market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$48bn
Annual Growth 09-14
9.3%
Annual Growth 14-19
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Profit
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Employment ('000)
2,327
Businesses
17,014
Industry Analysis & Industry Trends

In the five years through 2014, the Hotel industry in China has been growing 9.3% on average to an estimated $47.7 billion. However, growth has been slowing over the period. A particularly bright year for the industry was 2010, due to the Shanghai Expo and the Guangzhou Asian Games, which resulted in a surge in foreign tourists entering the county. In 2012 and 2013, the number of international tourists is estimated to decline by 2.7% and 1.8%4, respectively, curbing industry revenue growth.

Foreign enterprises have a significant impact on the industry's development, and have introduced brand and chain management concepts and high service standards to China.... purchase to read more

Industry Report - Industry Products Chapter

In 2008, the number of hotels with five- and four-star ratings increased by 17.1% and 14.2%, respectively, while the number of hotels with one- and two-star ratings decreased 12.8% and 1.8%, respectively. The number of star-rated hotels increased rapidly in Beijing, mainly due to the holding of the Olympic Games during the year.

In 2009, the number of star-rated hotels was 14,237, with two- and three-star hotels accounting for the largest proportion at 37.8% and 41.5%, respectively. During the year, the number of hotels with five- and four-star ratings increased 17.1% and 9%, respectively, while the number of hotels with one- and two-star ratings decreased 4.3% and 12.2%... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Hotels Industry?

Hotels in China provide accommodation services at the required state standards and quality. Hotels and resorts are licensed to provide accommodation on a room or suite basis. Bathrooms and other facilities are present in most guest rooms.

Industry Products
Accommodation and related services at five-star hotelsAccommodation and related services at four-star hotelsAccommodation and related services at three-star hotelsAccommodation and related services at two-star hotelsAccommodation and related services at one-star hotels
 
Industry Activities
Operating hotels Operating resorts Operating conference centers with accommodation Operating training centers with accommodation


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