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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

The Hotels market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 Locations Chapter

East China accounts for the largest share of industry establishments and revenue, with 30.7% and 38.4%, respectively. The share of rooms, however, is slightly lower at 32.9%, indicating the relatively larger popularity of hotel apartments and suites in this region. Another reason for this is the relatively larger share of other businesses in total hotel revenue in this region, such as restaurants, business meetings and conferences, and entertainment.

East China is the most developed economic region in China and business activities are relatively greater. Zhejiang province and Jiangsu province have the largest number of establishments at 1,118 and 895, respectively... 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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