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The Report Covers Hotel Industry in China and is Segmented by Type (Chain Hotels and Independent Hotels) and Segments (Service Apartments, Budget and Economy Hotels, Mid and Upper Mid-Scale Hotels, and Luxury Hotels). The Market Size and Forecasts for the Hospitality Industry in China are Provided in Terms of Value (USD Billion) for all the Above Segments.
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Market Overview The China Tourism and Hotel market is projected to grow from a market size of 385.07 million in 2025 to 672.04 million by 2033, exhibiting a CAGR of 5.53% during the forecast period. The market growth is attributed to factors such as rising disposable income, increasing urbanization, and government support for tourism development. Additionally, the growing popularity of online travel agencies and the expansion of the hospitality sector are contributing to market growth. Market Dynamics The major drivers of the China Tourism and Hotel market include the increasing number of middle-class consumers, the development of transportation infrastructure, and the growing popularity of domestic and international travel. Key trends shaping the market include the rise of digital tourism, the emergence of sustainable tourism practices, and the increasing demand for personalized experiences. However, market restraints include geopolitical tensions, economic fluctuations, and the impact of natural disasters. In terms of segmentation, the inbound tourism segment is expected to witness significant growth, while the product segment is dominated by chain hotels. Major players in the market include Trip.com Group Ltd., Shanghai Jin Jiang International Hotels (Group) Co. Ltd., and Huazhu Hotels Group Ltd. The China Tourism and Hotel Market is poised for substantial growth in the coming years. The market is expected to reach USD 1,242.9 billion by 2027, growing at a CAGR of 12.6% from 2022 to 2027. The growth of the market can be attributed to several factors, including the rising disposable income of Chinese consumers, the increasing popularity of domestic travel, and the government's initiatives to promote tourism. Recent developments include: May 2023: IRIS, the provider of digital F&B and guest experience platforms, aimed to increase its market share across China’s growing hospitality market. The company made a new partnership with Asia-based hospitality technology reseller MYM, utilizing IRIS’s Chinese Azure cloud solution., October 2022: Wyndham Hotels and Resorts opened two hotels named Wyndham New Taipei Linkou and Wyndham Sun Moon Lake in partnership with Qingyu Property Co. Ltd and Lijing Enterprise Co. Ltd, respectively. The openings mark the first hotels for each brand in the China-Taiwan region.. Key drivers for this market are: Cultural Heritage and Tourism Attractions Are Driving the Market, Increasing Domestic and International Tourism. Potential restraints include: Language Barrier Is Restraining the Market, Seasonality and Regional Disparities. Notable trends are: Rising Demand for Hotels Is Driving the Growth of the Market.
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The China Tourism and Hotel Industry is Segmented Into by Tourism Type (Domestic Tourism, Inbound Tourism, and More), Purpose (Leisure & Adventure & Eco-Tourism and Business / MICE), Traveler Age (Generation Z (18-24), Millennials (25-40), and More), Booking Channel (Online Travel Agencies, and More), Hotel Category (Economy / Budget Hotels, Mid-Scale Hotels, and More), Ownership / Branding (Independent Hotels, and More).
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Industry revenue for the Hotel industry in China is expected to decrease at a CAGR of 2.1% over the five years through 2023, to $68.1 billion. This trend includes an expected increase of 35.2% in the current year.Industry globalization has declined over the past five years, along with the average star rating of hotels operated by industry enterprises. Foreign investment is particularly low for hotels with a one-star rating. Price is a particularly important basis of competition in this segment, and other factors like services and brands play much smaller roles in attracting customers.Foreign enterprises, which significantly influence the industry's development, have introduced brand and chain management concepts, along with high service standards, to China. Foreign companies have strong and dominant positions in the high-end hotel market but have recently started moving into the lower end of the industry. Many foreign hotel management companies have started developing hotels with four- and three-star ratings to capture more customers and strengthen their market positions.Affected by the outbreak of COVID-19 in China, by the end of 2020, the industry revenue of Hotels in China declined dramatically, down by 30.8% from 2019. During the epidemic period, the number of people traveling decreased significantly. Hotel occupancy rates are low, even though some have decreased their price. In 2023, with the effective control of COVID-19 in China, the number of domestic tourists will be restored and will increase by 91.5%. The industry revenue of Hotels in China is expected to increase by 35.2% by 2022. Promoted by the increased number of people traveling, industry revenue is forecast to increase at a CAGR of 8.6% over the five years through 2028 to $102.8 billion.
By the end of 2023, the hotel industry in China employed approximately 1.79 million people, significantly more than in the previous year. The hotel industry employee numbers fell in 2020 due to the coronavirus pandemic and travel restrictions.
The revenue in the 'Hotels' segment of the travel & tourism market in China was forecast to continuously increase between 2024 and 2029 by in total 13.5 billion U.S. dollars (+16.6 percent). After the ninth consecutive increasing year, the revenue is estimated to reach 94.81 billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the 'Hotels' segment of the travel & tourism market was continuously increasing over the past years.Find other key market indicators concerning the average revenue per user (ARPU) and number of users. The Statista Market Insights cover a broad range of additional markets.
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The Chinese hospitality market is projected to reach a market size of $86.66 million by 2033, growing at a CAGR of 8.12% from 2025 to 2033. This growth can be attributed to the increasing influx of tourists, the rising popularity of domestic travel, and the expanding middle class. Further, the increase in business travel, the growing demand for premium and luxury hotels, and the government's supportive policies are also contributing to the market expansion. Significant trends shaping the market include the increasing adoption of technology, the emergence of lifestyle and wellness-focused hotels, and the growing popularity of short-term rentals. However, the market growth may be restrained by economic fluctuations, competition from alternative accommodation options, and the evolving preferences of modern travelers. The market is segmented into chain hotels, independent hotels, service apartments, budget and economy hotels, mid and upper mid-scale hotels, and luxury hotels. The competition landscape is fragmented, with the presence of major players such as Jinjiang International, The Ritz-Carlton, GreenTree Hospitality Group, Ascott Limited, and Huazhu Hotels Group, among others.
China's hospitality market has seen substantial growth and is poised to continue its trajectory, driven by the country's rapidly expanding tourism sector and growing urban population. This report delves into the key characteristics, trends, drivers, challenges, and competitive landscape of the industry, providing valuable insights for potential investors and market participants. Recent developments include: November 2022: The U.S.-based hotel chain Marriott International announced the plan to add 30 hotels in Greater China by the end of 2023. This is expected to add more than 460 properties in 120 destinations in the Greater China region to Marriott's hotel portfolio., September 2022: The U.S.-based hospitality firm InterContinental Hotels Group (IHG) announced the opening its 600th hotel in Greater China. The Kimpton Bamboo Grove Suzhou has 179 rooms and features a signature Chinese restaurant, The Grove.. Key drivers for this market are: Health and Wellness Trends is Driving the Market, Cultural Exploration is Driving the Market. Potential restraints include: Long-Distances are Physically Demanding which in return Restraining the Market. Notable trends are: The Rising Demand for Hotels is Driving the Growth of the Market.
In 2023, all hotel enterprises above designated size in China generated a revenue of approximately 531 billion yuan, around 148 billion yuan more than in the previous year. In the laste decade, the revenue numbers were the lowest in 2020, the first year of the COVID-19 pandemic.
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The China tourism and hotel market, valued at $385.07 million in 2025, is projected to experience robust growth, fueled by a compound annual growth rate (CAGR) of 5.53% from 2025 to 2033. This expansion is driven by several key factors. Firstly, a burgeoning middle class with increasing disposable income is fueling domestic and outbound tourism. Secondly, significant government investment in infrastructure development, particularly transportation networks and tourist attractions, enhances accessibility and boosts tourism activity. Thirdly, the ongoing diversification of tourism products, including experiences beyond traditional sightseeing, caters to a wider range of preferences. The market is segmented by tourism type (inbound and outbound) and accommodation type (chain and independent hotels), reflecting diverse consumer choices. Leading players like Trip.com, Huazhu Hotels Group, and international brands like Marriott and Shangri-La compete within this dynamic landscape, shaping the market's evolution. While challenges exist, such as environmental concerns and the need for sustainable tourism practices, the overall outlook remains positive, projecting substantial market expansion over the forecast period. The market's segmentation presents distinct growth trajectories. Inbound tourism, benefiting from China's increasing global appeal, is anticipated to witness strong growth, outpacing outbound tourism initially but gradually leveling off due to factors like stricter visa policies in some destinations and increasing domestic travel options. The chain hotel segment will likely dominate due to economies of scale and brand recognition, although independent hotels are expected to maintain a niche market driven by unique experiences and personalized services. Competition amongst hotels is expected to intensify, necessitating strategic initiatives focusing on technology integration, customized services, and a strong emphasis on customer experience. The regional focus on China suggests a concentrated market where effective marketing strategies catering to local preferences and seasonal demand play a crucial role in achieving market penetration and sustaining growth. Recent developments include: May 2023: IRIS, the provider of digital F&B and guest experience platforms, aimed to increase its market share across China’s growing hospitality market. The company made a new partnership with Asia-based hospitality technology reseller MYM, utilizing IRIS’s Chinese Azure cloud solution., October 2022: Wyndham Hotels and Resorts opened two hotels named Wyndham New Taipei Linkou and Wyndham Sun Moon Lake in partnership with Qingyu Property Co. Ltd and Lijing Enterprise Co. Ltd, respectively. The openings mark the first hotels for each brand in the China-Taiwan region.. Key drivers for this market are: Cultural Heritage and Tourism Attractions Are Driving the Market, Increasing Domestic and International Tourism. Potential restraints include: Language Barrier Is Restraining the Market, Seasonality and Regional Disparities. Notable trends are: Rising Demand for Hotels Is Driving the Growth of the Market.
This statistic shows the sales area in the hospitality industry in China from 2008 to 2018. In 2018, the total sales area in the hospitality industry in China was approximately 54.6 million square meters.
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The China hospitality market, valued at $86.66 billion in 2025, is projected to experience robust growth, driven by a burgeoning middle class with increasing disposable income and a surge in both domestic and international tourism. This expansion is further fueled by significant government investments in infrastructure development, particularly transportation networks, making travel within China more accessible and convenient. The market is segmented by hotel type (chain vs. independent) and by service level (budget/economy, mid-scale, luxury, and service apartments). While chain hotels currently dominate, independent hotels are expected to see growth, particularly in niche markets catering to specific traveler preferences. The increasing popularity of online travel agencies (OTAs) and the adoption of sophisticated revenue management systems are also key factors shaping the market's trajectory. Challenges remain, however, including managing fluctuating occupancy rates influenced by seasonal travel patterns and economic shifts, and ensuring consistent service quality across diverse establishments. Furthermore, the market faces increasing competition from alternative accommodation options like vacation rentals. The consistent 8.12% CAGR (Compound Annual Growth Rate) projected through 2033 suggests a continuous expansion of the market. This growth is expected to be relatively stable, indicating consistent demand despite potential economic fluctuations. The various hotel segments will likely experience differential growth rates; luxury hotels might experience slightly slower growth due to higher price sensitivity, while budget and economy hotels may show stronger growth given their affordability. The success of individual hotel chains will depend on their ability to adapt to evolving consumer preferences, leverage technology effectively, and implement sustainable business practices. Strategic partnerships and acquisitions are likely to play a significant role in consolidating market share among the major players, which include both international and domestic brands. Furthermore, the ongoing development of smart hotel technologies and the increasing focus on personalized customer experiences will further shape the competitive landscape. Recent developments include: November 2022: The U.S.-based hotel chain Marriott International announced the plan to add 30 hotels in Greater China by the end of 2023. This is expected to add more than 460 properties in 120 destinations in the Greater China region to Marriott's hotel portfolio., September 2022: The U.S.-based hospitality firm InterContinental Hotels Group (IHG) announced the opening its 600th hotel in Greater China. The Kimpton Bamboo Grove Suzhou has 179 rooms and features a signature Chinese restaurant, The Grove.. Notable trends are: The Rising Demand for Hotels is Driving the Growth of the Market.
This statistic shows the revenue of the hospitality industry in China by restaurant type, from 2006 to 2010, with a forecast until 2015. In 2006, fast food restaurants in China generated a revenue of 313 billion yuan.
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The China extended stay hotel market is projected to see significant growth over the next decade. It is expected to grow from an estimated USD 4.5 billion in 2025 to USD 9.7 billion by 2035, with a CAGR of 8% during the forecast period from 2025 to 2035. The rise of remote working, increased business relocations, and growing interest in long-term leisure stays are major drivers of this growth, with an increasing demand for more flexible, self-sufficient accommodations.
Attribute | Value |
---|---|
Estimated China Industry Size (2025E) | USD 4.5 billion |
Projected China Value (2035F) | USD 9.7 billion |
Value-based CAGR (2025 to 2035) | 8% |
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China Hotel: Revenue data was reported at 332,974.300 RMB mn in 2020. This records a decrease from the previous number of 434,360.980 RMB mn for 2019. China Hotel: Revenue data is updated yearly, averaging 342,886.650 RMB mn from Dec 2005 (Median) to 2020, with 16 observations. The data reached an all-time high of 434,360.980 RMB mn in 2019 and a record low of 135,328.104 RMB mn in 2005. China Hotel: Revenue data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Hotel Sector – Table CN.QHA: Hotel Operation.
In 2020, the market size of the hotel industry in China was estimated to reach approximately 460.6 billion yuan. Due to the coronavirus pandemic, revenues of the hotel sector were estimated to decrease by around 31.4 percent that year.
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The China travel accommodation market, exhibiting a robust Compound Annual Growth Rate (CAGR) exceeding 5.20%, presents a significant opportunity for investors and stakeholders. The market's size in 2025 is estimated to be in the billions (a precise figure cannot be provided without the missing "XX" market size data; however, given the strong growth and presence of major players like Meituan, Ctrip, and Fliggy, a billion-dollar valuation is plausible). Key drivers include rising disposable incomes amongst Chinese consumers fueling increased travel, the expansion of the middle class, and a growing preference for online travel booking platforms. Furthermore, government initiatives promoting domestic tourism and infrastructure development further bolster market expansion. Trends indicate a shift towards mobile booking platforms, surpassing website usage, reflecting China's high smartphone penetration. The dominance of online travel agencies (OTAs) such as Ctrip and Meituan is evident, although direct booking through hotel websites and captive portals is also steadily gaining traction. While data on specific restraints is unavailable, potential challenges could include fluctuating economic conditions, intense competition among numerous players, and the need for continuous innovation to meet evolving consumer preferences in a dynamic technological landscape. Segment analysis reveals a significant preference for booking through third-party online portals, though direct booking is steadily increasing. The forecast period (2025-2033) promises continued growth, driven by ongoing technological advancements and a sustained rise in travel demand. The competitive landscape is highly fragmented, with both international and domestic players vying for market share. Established players like Ctrip, Meituan, and Fliggy maintain a strong presence, but the market also includes a multitude of smaller, regionally focused companies. The success of companies hinges on their ability to provide user-friendly platforms, competitive pricing, and tailored services catering to the specific needs of diverse traveler segments. Future growth will likely be influenced by factors such as the integration of artificial intelligence and personalized travel recommendations, enhancing the customer experience and improving operational efficiency. The expansion of high-speed rail networks and other improved transport infrastructure will further fuel the growth of the travel and accommodation market within China. Recent developments include: On November 18, 2021, Trip.com Group signed a strategic global agreement with Wyndham Hotels & Resorts, one of the world's largest hotel franchising companies. Now Trip.com Group users can discover over 9,000 global hotels by Wyndham, across 22 brands from luxury to economy, On July 20, 2021, TripAdvisor partnered with the world's leading hotel technology providers - SiteMinder, Roiback, Derbysoft, and WebHotelier - enabling thousands of hotels to participate in TripAdvisor Plus for the first time. It will fix the connectivity solutions of Hotels that want to join the TripAdvisor plus program. Notable trends are: Tourist and Inbound Travelers promoting growth of Online Accommodation Market.
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China Star-Rated Hotel: Revenue data was reported at 39,001.000 RMB mn in Sep 2024. This records an increase from the previous number of 36,870.000 RMB mn for Jun 2024. China Star-Rated Hotel: Revenue data is updated quarterly, averaging 50,216.000 RMB mn from Sep 2010 (Median) to Sep 2024, with 55 observations. The data reached an all-time high of 65,759.000 RMB mn in Dec 2011 and a record low of 17,803.000 RMB mn in Mar 2020. China Star-Rated Hotel: Revenue data remains active status in CEIC and is reported by Ministry of Culture and Tourism. The data is categorized under China Premium Database’s Hotel Sector – Table CN.QHA: Star-Rated Hotel: Revenue.
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The China travel accommodation market, a dynamic sector characterized by robust growth, is projected to experience significant expansion from 2025 to 2033. Driven by a burgeoning middle class with increased disposable income and a rising preference for domestic and international travel, the market is expected to maintain a Compound Annual Growth Rate (CAGR) exceeding 5.20%. Key growth drivers include the increasing adoption of online booking platforms (mobile apps and websites), the expansion of third-party online travel agencies (OTAs), and the continuous development of tourism infrastructure within China. The market is segmented by booking mode (third-party online portals and direct/captive portals) and platform (mobile applications and websites). While the dominance of major players like Ctrip (Trip.com), Meituan, and Expedia is undeniable, the market also witnesses competition from smaller, specialized platforms catering to niche travel segments. This competitive landscape fosters innovation and ensures a diverse range of choices for consumers. Despite the positive outlook, the market faces certain restraints. These include fluctuating economic conditions that can impact consumer spending on leisure travel, government regulations on the tourism sector, and the potential for increased competition from new entrants. However, the long-term growth trajectory remains strong, fueled by sustained investment in tourism infrastructure, improvements in transportation networks, and the continued rise of China's tourism industry. The market's segmentation allows for targeted marketing and product development, further enhancing its potential for growth in the coming years. Strategic partnerships between OTAs, hotels, and transportation providers are likely to play a crucial role in shaping the future of the China travel accommodation market. Key drivers for this market are: Growing Tourism Increasing Demand for Hospitality Services, Consistent Demand for Business Travel and Corporate Hospitality Services. Potential restraints include: Stringent Government Policies and Regulations Limiting the Market Growth, Lack of Skilled Labor is a Challenge for the Market. Notable trends are: Tourist and Inbound Travelers promoting growth of Online Accommodation Market.
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Star-Rated Hotel: Number of Hotel: Hunan: Changsha data was reported at 39.000 Unit in 2022. This records a decrease from the previous number of 41.000 Unit for 2021. Star-Rated Hotel: Number of Hotel: Hunan: Changsha data is updated yearly, averaging 68.000 Unit from Dec 1999 (Median) to 2022, with 24 observations. The data reached an all-time high of 121.000 Unit in 2008 and a record low of 25.000 Unit in 2000. Star-Rated Hotel: Number of Hotel: Hunan: Changsha data remains active status in CEIC and is reported by Changsha Municipal Bureau of Statistics. The data is categorized under China Premium Database’s Hotel Sector – Table CN.QHRB: Star-Rated Hotel: Number of Hotel: Prefecture Level City.
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Full-service restaurants in China account for the largest revenue share of China's catering subsector. Approximately 80% of the total catering subsector's revenue came from the Full-Service Restaurant industry. The Full-Service Restaurants industry's proportion of the total catering subsector has decreased slightly in recent years, due to the rapid growth of its main external competitor, the Fast-Food Restaurant industry. Nevertheless, industry revenue has grown steadily over the past five years. Industry revenue is expected to increase at an annualized rate of 6.6% over the five years through 2024. This includes 19.8% growth in 2024, to total $784. billion, reflecting recovery after the COVID-19 pandemic outbreak in 2020. Competition is high and the market is highly fragmented. The combined market share of the top four companies, Sichuan Haidilao Catering Company Limited; Inner Mongolia Xibei Catering Group, China Quanjude (Group) and Shaoshan Maojia Restaurant Development Co., Ltd. , is estimated to be only 1.6% in 2024. Some firms that have built strong brand images over many years have begun operating at a national scale by developing chain operations. However, this development has slowed in recent years due to operating model development difficulties. The main chain-operation models used in the industry are franchising and direct management of one's own restaurants. Some of the major players have shifted toward direct management due to legal frameworks disadvantaging franchise operations and brand copyrighting. Industry revenue is projected to rise at an annualized 15.3% over the five years to 2029, to total $1.6 billion. Improvements in the legal framework for franchising and intellectual property rights will likely stimulate chain operation growth, and major players are projected to continue expanding their networks of branch restaurants and franchises. Technology changes will likely continue, primarily regarding credit card use. The development of China's financial markets and credit card businesses is forecast to strongly influence this technological change.
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The Report Covers Hotel Industry in China and is Segmented by Type (Chain Hotels and Independent Hotels) and Segments (Service Apartments, Budget and Economy Hotels, Mid and Upper Mid-Scale Hotels, and Luxury Hotels). The Market Size and Forecasts for the Hospitality Industry in China are Provided in Terms of Value (USD Billion) for all the Above Segments.