China Hotel Market is anticipated to be US$ 166.02 Billion by 2028, according to Renub Research. China hotel market is flourishing with strong economic growth and rising tourism. Increased travel demand from the middle class and higher disposable income has led to more hotel construction and investment.

1. China Hotel Market will be
worth round US$ 166.02
Billion by 2028, Size, Share,
Growth | Renub Research
Base Year: 2022
Market Research & Advisory

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Renub Research has recently published a report named "China Hotel Market: Global Industry Trends, Share,
Size, Growth, Opportunity, and Forecast 2023-2028," providing a detailed industry analysis that consists of
market share insights. Furthermore, the report encompasses a study of competitors and regions and the recent
growth in the China Hotel Market.
China Hotel Market is projected to revel in a CAGR of 8.86% from 2022 to 2028. In the early years, hotel in China
generally served authorities officials, diplomats, and foreign visitors, with confined options and basic facilities for
home vacationers. However, with the opening up of China's economic system, overseas investment and tourism
caused the status quo of global hotel chains and upscale hotels. Economic reforms and expanded journey
transformed the hotel enterprise, with the government investing in infrastructure and improving requirements. China
Hotel Market is predicted to be worth round US$ 166.02 Billion by 2028, driven by increasing tourism, a developing
middle elegance, and government initiatives to promote the hospitality industry.
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The developing demand for hotels from enterprise tourists, domestic travelers, and international site visitors drove
the growth of hotel chains and the development of offerings. Today, China's hotel industry is aggressive and
numerous, supplying a wide range of accommodations. The leading traveller vacation spot, and accommodations in
China preserve outstanding position in the international hospitality industry, supported with the aid of monetary
growth and authorities help for tourism.
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hotel-market-p.php
China's urbanization and infrastructure development have boosted tour accessibility and benefited the hotel
enterprise. Outbound tourism from China has extended, leading to an upward thrust in inbound tourism and driving
inn market increase. China's cultural history and points of interest have attracted home and worldwide vacationers,
spurring the need for hotels in popular locations. Favourable regulations and incentives for motel development have
contributed to the company popularity. Hotels in China have improved their satisfactory and offerings to fulfil
worldwide requirements, improving their appeal to vacationers.
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China's expanding economy and global market position will enhance demand for hotel accommodations with
conference centers and business services, even as technological improvements and digital innovation in the lodge
enterprise will decorate customer reports. Moreover, the growing international awareness on sustainability and
green practices will pressure the adoption of such projects hotel market in China, attracting environmentally aware
travelers and stimulating market growth.
Mid-end hotels dominate the China hotel market by offering comfortable and affordable accommodations to
a diverse customer base.
With the rapid growth of China's middle class, there is a rising demand for mid-end hotels that offer satisfactory
amenities and services at reasonable rates. The expansion of domestic tourism in China has further fueled the
dominance of mid-end hotels, as Chinese residents with increased disposable incomes aspire to explore their own
country. These hotels also benefit from their wider presence and distribution network, making them easily accessible
in popular tourist destinations, business districts, and transportation hubs. The competitive pricing strategy of mid-
end hotels is another contributing factor to their dominance, as it enables them to attract a larger customer base,
leading to higher occupancy rates and a larger market share.
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Hotel Type – China Hotel Market breakup from 3 Viewpoints:
1. High-end hotel 2. Mid-end hotel 3. Budget hotel
Hotel chains continue to have highest share in the China hotel market.
Hotel chains dominate the China hotel market due to their established brand recognition, trusted reputation,
extensive network spanning multiple locations, standardized operating procedures ensuring consistent service, and
quality control measures. This leads to enhanced customer satisfaction, loyalty, and a larger customer base. The
economies of scale enjoyed by hotel chains enable them to negotiate advantageous deals, achieve cost
efficiencies, offer competitive pricing, and provide superior amenities. Loyalty programs further foster customer
loyalty, while the financial resources and expertise of hotel chains allow for strategic investments in marketing,
property expansions, and renovations, ensuring they stay ahead of market trends and maintain a strong competitive
edge.
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Business Model – China Hotel Market breakup from 2 Viewpoints:
1. hotel chains 2. independent hotels
Online booking aggregators leads the China hotel market.
Online booking aggregators offer a convenient platform for travelers to compare
prices, read reviews, and make reservations from a wide range of hotels,
attracting a large customer base. By leveraging their networks and partnerships,
aggregators provide competitive pricing and exclusive deals, ensuring value for
money. Personalized recommendations based on user preferences enhance the
user experience, while additional services such as flight bookings and bundled
packages appeal to convenience-seeking customers. Extensive marketing
efforts raise brand awareness, and the increasing adoption of mobile devices
and internet penetration in China creates a favorable environment for
aggregators to thrive.
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Ordering – China Hotel Market breakup from 4 Viewpoints:
1. Direct Book from Hotel Website 2. Online Booking Aggregators
3. Offline Booking 4. Others
The dominance of the 1990-1995 age group in the China hotel market is due to their higher incomes, and
travel interests.
As part of the post-80s and post-90s generation, this age group has a strong desire for travel experiences and
exploration. Their travel behavior is heavily influenced by social media and online platforms, making digital
marketing strategies crucial for attracting this tech-savvy demographic. Their openness to diverse cultures and
authentic experiences creates a demand for hotels offering unique dining, cultural immersion, and personalized
services. Growing up during China's rapid economic development, they have higher expectations for quality and
comfort, making them willing to spend on accommodations that meet their standards, ultimately leading to their
dominance in the market.
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Customer age group – China Hotel Market breakup from 7 Viewpoints:
1. Before 1970 2. 1970-1980 3. 1980-1985 4. 1985-1990
5. 1990-1995 6. 1995-2000 7. After 2000
Municipalities and provincial capitals are set for substantial growth in the China hotel market.
Municipalities and provincial capitals appeal to business travelers, government officials, and corporate events
generates sustained demand for accommodation. The presence of cultural heritage, tourist attractions, and
landmarks attracts domestic and international tourists, further driving hotel market growth. Improved infrastructure
and connectivity enhance accessibility, fueling the demand for hotels. The diverse range of amenities, services, and
entertainment options cater to a wider customer base. Government support, urban development investments, and
tourism promotion initiatives stimulate the hotel market. The concentration of major industries and commercial
activities sustains the demand for accommodation, positioning these cities for continued growth in the China hotel
market.
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Tiers – China Hotel Market breakup from 3 Viewpoints:
1. First-tier cities 2. Municipalities and Provincial cities 3. other cities
3-star hotels have hegemony in the China hotel market.
3-star hotels offer comfortable rooms, essential facilities, and reasonable rates, making them popular among
budget-conscious travelers. Their strategic locations in prime areas contribute to their accessibility and increasing
market share. The continuous improvement in quality and services provided by 3-star hotels, along with government
initiatives to promote tourism and improve infrastructure, have further fueled their growth. This has led to enhanced
customer satisfaction, increased bookings, and repeat business, establishing 3-star hotels as a significant player in
the market.
Star rating – China Hotel Market breakup from 5 Viewpoints:
1. 1-star 2. 2-star 3. 3-star 4. 4-star 5. 5-star
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Shanghai’s economic and financial prosperity strengthens its position in the
China hotel market.
Shanghai is the popular city in the China hotel market due to its status as an
economic and financial hub, attracting business travelers and corporate events. It
is also a popular tourist destination with iconic landmarks, supported by well-
developed transportation infrastructure. The city's vibrant business environment,
high standard of living, and government support for tourism contribute to its
dominance. Furthermore, Shanghai's proactive use of technology and digital
innovation enhances its competitive edge in the hotel market.
Cities – China Hotel Market breakup from 7 Viewpoints:
1. Beijing 2. Shanghai 3. Guangzhou
4. Shenzhen 5. Hong Kong 6. Macau
7. Others
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Competitive Landscape.
The key players in the China hotel market include Huazhu Hotels Group Ltd, Zhejiang New Century Hotel
Management Co. Limited, Emei Shan Tourism Co., Ltd, Expedia Group Inc, Guangdong International Hotel
Management Holdings Ltd., Huangshan Tourism Development Co. Ltd, InterContinental Hotels Group PLC,
Shanghai Jin Jiang International Hotels (Group) Company, Marriott International Inc, and Tongcheng Travel
Holdings Ltd.
Company has been covered from 3 Viewpoints:
• Overview
• Recent Developments
• Revenue
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Company Analysis:
1. Huazhu Hotels Group Ltd
2. Zhejiang New Century Hotel Management Co. Limited
3. Emei Shan Tourism Co., Ltd
4. Expedia Group Inc
5. Guangdong International Hotel Management Holdings Ltd.
6. Huangshan Tourism Development Co. Ltd
7. InterContinental Hotels Group PLC
8. Shanghai Jin Jiang International Hotels (Group) Company
9. Marriott International Inc
10. Tongcheng Travel Holdings Ltd
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