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Hotels in China: Market Research Report

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

Hotels Market Research Report | Aug 2014

IBISWorld’s Hotels market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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 declined by 2.7% and 1.8%, respectively, curbing industry revenue growth.

Foreign enterprises, which have a significant impact on the industry's development, have introduced brand and chain management concepts and high service standards to China. They have strong and dominant positions in the high-end market, but have recently started moving into the lower-star rated segments.... purchase to read more

Industry Report - Industry Investment Chapter

The capital-to-labor intensity level measures the amount of labor used in the provision of services by this industry as opposed to capital costs. To calculate the ratio, wages and depreciation costs are used as proxies for labor and capital, respectively.

In the Hotel industry, for every dollar spent on wages, 81 cents are spent on capital, indicating a high capital intensity. While the industry is generally labor intensive, like all other hospitality industries, wages in China account for a relatively lower share of industry revenue compared with depreciation. Although the number of employees is large, continuous investment in fixed assets has contributed to higher levels of capital required in this industry... 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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