China Hotel Market is expected to be USD 136 Billion

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China Hotel Market

China Hotel Market Spinal Muscular Atrophy Market

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Report Description and Highlights Analyst View China Hotel Market has grown significantly in recent years and is expected to continue to do so during the forecast period as well. With political and social stability, rapid economic growth, and the vast population base and natural resources, China have lured many multinational hotels, including the world’s leading hotel chains to its potentially huge market. With an estimated nearly 130 million of annual tourists arrival by the year 2020, the People’s Republic of China will be the world’s number one tourist destination; offering significant opportunities to the China Hotel Industry. Also; the number of Chinese inbound visitors also has grown affluent who are travelling more within the country also boosting the growth of China Hotel Market. According to Renub Research China Hotel Market is expected to be USD 136 Billion (Yuan 938 Billion) by the end of the year 2023.

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China Hotel Market Growing China’s economy is encouraging more internal business travel, and these travellers need a hotel for their accommodation. Concomitantly, the Chinese government has also boosted holiday travel by releasing travel restrictions and further has introduced a five day work week, which offers generous vacation time. China Hotel Market is expanding further to meet the growing demand from both domestic and international travellers. China’s own hotel companies are comparatively small and immature when compared to foreign multinational companies. So, these domestic companies are increasingly acquiring hotel management contracts from foreign multinational hotel companies to get higher brand recognition and more profound local expertise to serve visitors better.

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China Hotel Market China Hotel Market is expected to be driven by holiday, business travel and country’s increasing popularity as one of the best MICE (Meetings, Incentives, Conferences,

Renub Research report titled “China Hotel Market & Forecast by Type (High End, Mid Scale, Budget), Platform (Online, Offline), City (Beijing, Shanghai, Guangzhou, Shenzhen, Chongqing, Chengdu, Tianjin), Hotel (Huazhu Hotels Group Ltd, Zhejiang New Century Hotel Management Co. Shanghai Jin Jiang International Hotels (Group) Company Limited, Jinmao Hotel, Ctrip ) Numbers (Up-Scale Hotel, Mid-Scale & Budget Hotel, Total)” provides a complete analysis of Chinese Hotel Exhibitions) destination over the forthcoming years.

Market.

Read more here: https://www.renub.com/china-hotel-market-p.php China HotelMuscular Market Atrophy Market Spinal

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China Hotel Market By Hotel Type – Mid Scale Hotel Market Dominates in the China Hotel Market The report studies the market of the following hotel segments: High End, Mid Scale & Budget. Mid scale hotel controls the largest market share in this market place. By Platform – Online Hotel Booking Market is steadily Growing In the China hotel market, online hotel booking market is steadily growing. This report covers two type of ordering platform: online and offline. It is predicted that by 2023, online hotel market will grow tremendously. By Hotel Volume The report studies China total hotels present and future volume. This report also provides the details of the hotel volume on the basis of budget type: Up-Scale hotel & Mid-Scale & Budget hotel. Mid-Scale & Budget hotel dominate in this market place. Request a free sample copy of the report: https://www.renub.com/request-sample-page.php?gturl=china-hotel-market-p.php

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China Hotel Market Share Analysis Forecast for China Hotel Market Share (%) - By Hotel Type (2019 - 2023)

Source: Renub Research Analysis

Note: These are dummy figures; actual data given in the report

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China Hotel Market By City – China Hotel Market This report covers five star hotels status in following cities: Beijing, Shanghai, Guangzhou, Shenzhen, Chongqing, Chengdu and Tianjin. Each city provides following details: room average daily rate (ADR), revenue per available room (RevPAR), occupancy rate, room stock, and international visitors in city. Hotel Analysis Huazhu Hotels Group Ltd, Zhejiang New Century Hotel Management Co. Shanghai Jin Jiang International Hotels (Group) Company Limited, Jinmao Hotel, Ctrip has been studied thoroughly in the report. China Hotel Market – By Hotel Type • High End • Mid Scale • Budget China Hotel Market – Ordering Platform • Online • Offline

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China Hotel Market Share Analysis Forecast For China Hotel Market Share (%) - By Ordering Platform (2019 - 2023)

Source: Renub Research Analysis

Note: These are dummy figures; actual data given in the report

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China Hotel Market China Hotel Market – By Volume • Up-Scale Hotel • Mid-Scale & Budget Hotel

• Total

China Five Star Hotel Status – City • Beijing • Shenzhen • Tianjin

• Shanghai • Chongqing

• Guangzhou • Chengdu

Each City provide the following details • Room average daily rate (ADR) • Revenue per available room (RevPAR) • Occupancy rate • Room stock • International visitors in city China Hotel Market – By Hotel • Huazhu Hotels Group Ltd • Zhejiang New Century Hotel Management Co. Limited • Shanghai Jin Jiang International Hotels (Group) Company Limited • Jinmao Hotel • Ctrip

China Hotel Market Atrophy Market Spinal Muscular

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Key Topics Covered in China Hotel Market 1. 2. 3. 4.

Introduction Research & Methodology Executive Summary Growth Drivers 4.1 Rising Disposable Income 4.2 Growing China’s Middle Class 4.3 Increasing inbound tourists in China

5.

Challenges 5.1 Rising Labor Cost in China 5.2 Supply and Demand Gap in China Hotel Industry 5.3 Cultural and Language Differences

6. 7. 8.

Opportunities China Hotel Market Share – China Hotel Analysis 8.1 8.2 8.3 8.4

Hotel Type Market Hotel Type Volume Ordering Platform Ordering Platform – Total China Hotel Market

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Key Topics Covered in China Hotel Market 9. Hotel Type – China Hotel Market 9.1 High End Hotel Market 9.2 Mid Scale Hotel Marketa 9.3 Budget Hotel Market 10. Ordering Platform – China Hotel Market 10.1 Online Hotel Market 10.2 Offline Hotel Market 11. Numbers – China Hotel Analysis 11.1 Up-Scale Hotel Numbers 11.2 Mid-Scale & Budget Hotel Numbers 11.3 Total Hotels Numbers 12. Beijing - Five Star Hotel Status 12.1 12.2 12.3 12.4 12.5

Room Average Daily Rate (ADR) Revenue per Available Room (RevPAR) Occupancy Rate Room Stock International Visitors in City

China Hotel Market Atrophy Market Spinal Muscular

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Key Topics Covered in China Hotel Market 13. Shanghai - Five Star Hotel Status 13.1 Room Average Daily Rate (ADR) 13.2 Revenue per Available Room (RevPAR) 13.3 Occupancy Rate 13.4 Room Stock 13.5 International Visitors in City 14. Guangzhou - Five Star Hotel Status 14.1 Room Average Daily Rate (ADR) 14.2 Revenue per Available Room (RevPAR) 14.3 Occupancy Rate 14.4 Room Stock 14.5 International Visitors in City 15. Shenzhen - Five Star Hotel Status 15.1 Room Average Daily Rate (ADR) 15.2 Revenue per Available Room (RevPAR) 15.3 Occupancy Rate 15.4 Room Stock 15.5 International Visitors in City 16. Chongqing - Five Star Hotel Status 16.1 Room Average Daily Rate (ADR) 16.2 Revenue per Available Room (RevPAR) 16.3 Occupancy Rate 16.4 Room Stock 16.5 International Visitors in City

China Hotel Market Atrophy Market Spinal Muscular

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Key Topics Covered in China Hotel Market 17. Chengdu - Five Star Hotel Status 17.1 Room Average Daily Rate (ADR) 17.2 Revenue per Available Room (RevPAR) 17.3 Occupancy Rate 18. Tianjin - Five Star Hotel Status 18.1 Room Average Daily Rate (ADR) 18.2 Revenue per Available Room (RevPAR) 18.3 Occupancy Rate 19. Mergers and Acquisitions 19.1 Joint Ventures 19.3 Investment

19.2 Collaborations and Agreements

20. Hotel/Company Revenue 20.1 20.2 20.3 20.4 20.5 20.6

Huazhu Hotels Group Ltd Zhejiang New Century Hotel Management Co. Limited Shanghai Jin Jiang International Hotels (Group) Company Limited Jinmao Hotel Ctrip Meituan Dianping

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Key Topics Covered in China Hotel Market

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China Travel Market China Outbound Tourism Market Contact Us Tel: +1-678-302-0700 (US), +91-120-421-9822 (INDIA) Email: info@renub.com

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