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China Hotel Market & Forecast by Type (High End, Mid Scale, Budget), Platform (Online, Offline), City, Hotel, Numbers (Up-Scale Hotel, Mid-Scale & Budget Hotel, Total)

Published: July 2019

No. of Pages: 268

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Report Description
Table of Contents

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.

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.

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, Exhibitions) destination over the forthcoming years. 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 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.

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

China Hotel Market – By Volume

Up-Scale Hotel
Mid-Scale & Budget Hotel
Total

China Five Star Hotel Status – City

Beijing
Shanghai
Guangzhou
Shenzhen
Chongqing
Chengdu
Tianjin

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

Table of Contents

1. Introduction

2. Research & Methodology

3. Executive Summary

4. 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. Opportunities

7. China Hotel Market

8. Share – China Hotel Analysis
8.1 Hotel Type Market
8.2 Hotel Type Volume
8.3 Ordering Platform

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

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

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
19.1.1 Hyatt Hotel with Homeinns Hotel Group
19.1.2 Starwood Capital with China’s Shimao Property Holdings
19.2 Collaborations and Agreements
19.2.1 Collaborations and Agreements with Ctrip.com and Millennium
19.3 Investment
19.3.1 China’s hotel investors set sights on domestic expansion
19.3.2 China Hotel Industry Investment plan By Government

20. Hotel/Company Revenue
20.1 Huazhu Hotels Group Ltd
20.1.1 Initiatives or Strategy
20.1.2 Hotel Revenue
20.2 Zhejiang New Century Hotel Management Co. Limited
20.2.1 Initiatives or Strategy
20.2.2 Hotel Revenue
20.3 Shanghai Jin Jiang International Hotels (Group) Company Limited
20.3.1 Initiatives or Strategy
20.3.2 Hotel Revenue
20.4 Jinmao Hotel
20.4.1 Initiatives or Strategy
20.4.2 Hotel Renenue
20.5 Ctrip
20.5.1 Initiatives or Strategy
20.5.2 Hotel Revenue

List of Figures

Figure-01: China Hotel Market (Billion RMB), 2019 - 2023
Figure-02: China online and Mid Scale Hotel market (Billion RMB ), 2019 – 2023
Figure-03: China’s Middle Class (In percent), 2018 - 2022
Figure-04: Tourist Arrivals in China 2015 - 2018
Figure-05: China Labour Costs 2017 - 2018
Figure-06: China hotel Classes Supply and demand (Percentage), 2014
Figure-07: China Hotel Market (Billion RMB), 2013 – 2018
Figure-08: Forecast for China Hotel Market (Billion RMB), 2019 – 2025
Figure-09: China- Market Share Analysis By Hotel Type (Percent), 2013 – 2018
Figure-10: China- Forecast For Market Share Analysis By Hotel Type (Percent), 2019 – 2023
Figure-11: China – Volume Share Analysis by Hotel Type ( Percent), 2013 - 2018
Figure-12: China – Forecast For Volume Share Analysis By Hotel Type ( Percent), 2018 - 2023
Figure-13: China –Ordering Platform Share Analysis ( Percent), 2018 - 2023
Figure-14: China – Forecast For Ordering Platform Share Analysis ( Percent), 2018 - 2023
Figure-15: High End Hotel Market (Billion RMB), 2013 – 2018
Figure-16: Forecast for High End Hotel Market (Billion RMB), 2019 – 2023
Figure-17: Mid Scale Hotel Market (Billion RMB), 2013 – 2018
Figure-18: Forecast for Mid Scale Hotel Market (Billion RMB), 2019 – 2023
Figure-19: Budget Hotel Market (Billion RMB), 2013 – 2018
Figure-20: Forecast for Budget Hotel Market (Billion RMB), 2019 – 2023
Figure-21: Online Hotel Market (Billion RMB), 2013 – 2018
Figure-22: Forecast for Online Hotel Market (Billion RMB), 2019 – 2023
Figure-23: Offline Hotel Market (Billion RMB), 2013 – 2018
Figure-24: Forecast for Offline Hotel Market (Billion RMB), 2019 – 2023
Figure-25: Up-Scale Hotel Numbers (Thousand), 2013 – 2018
Figure-26: Forecast for Up-Scale Hotel Numbers (Thousand), 2019 – 2023
Figure-27: Mid-Scale & Budget Hotel Numbers (Thousand), 2013 – 2018
Figure-28: Forecast for Mid-Scale & Budget Hotel Numbers (Thousand), 2019 – 2023
Figure-29: Total Hotels Numbers (Thousand), 2013 – 2018
Figure-30: Forecast for Total Hotels Numbers (Thousand), 2019 – 2023
Figure-31: Five-star hotel Room Average Daily Rate (ADR), 2011 – 2018
Figure-32: Forecast for Five-star hotel Room Average Daily Rate (ADR), 2019 – 2023
Figure-33: Five-star hotel revenue per available room (RevPAR), 2011 – 2018
Figure-34: Forecast for Five-star hotel revenue per available room (RevPAR), 2019 – 2023
Figure-35: Five-star hotel occupancy rate Percent (%), 2011 – 2018
Figure-36: Forecast for Five-star hotel occupancy rate Percent (%), 2019 – 2023
Figure-37: Room Stock Percent (%), 2014 – 2018
Figure-38: Forecast for Room Stock Percent (%), 2019 – 2023
Figure-39: International Visitors in City Percent (%), 2014 – 2018
Figure-40: Forecast for International Visitors in City Percent (%), 2019 – 2023
Figure-41: Room Average Daily Rate (ADR), 2011 – 2018
Figure-42: Forecast for Room Average Daily Rate (ADR), 2019 – 2023
Figure-43: Five-star hotel revenue per available room (RevPAR), 2011 – 2018
Figure-44: Forecast for Five-star hotel revenue per available room (RevPAR), 2019 – 2023
Figure-45: Occupancy Rate Percent (%), 2011 – 2018
Figure-46: Forecast for Occupancy Rate Percent (%), 2019 – 2023
Figure-47: Room Stock (Thousand rooms), 2014 – 2018
Figure-48: Forecast for Room Stock (Thousand rooms), 2019 – 2023
Figure-49: International Visitors in City (Million), 2014 – 2018
Figure-50: Forecast for International Visitors in City (Million), 2019 – 2023
Figure-51: Room Average Daily Rate (RMB), 2011 – 2018
Figure-52: Forecast for Room Average Daily Rate (RMB), 2019 – 2023
Figure-53: Revenue per Available Room (RMB), 2011 – 2018
Figure-54: Forecast for Revenue per Available Room (RMB), 2019 – 2023
Figure-55: Occupancy Rate Percent (%), 2011 – 2018
Figure-56: Forecast for Occupancy Rate Percent (%), 2019 – 2023
Figure-57: Room Stock (Thousand rooms), 2014 – 2018
Figure-58: Forecast for Room Stock (Thousand rooms), 2019 – 2023
Figure-59: International Visitors in City (Million), 2014 – 2018
Figure-60: Forecast for International Visitors in City (Million), 2019 – 2023
Figure-61: Room Average Daily Rate (RMB), 2011 – 2018
Figure-62: Forecast for Room Average Daily Rate (RMB), 2019 – 2023
Figure-63: Revenue per Available Room (RMB), 2011 – 2018
Figure-64: Forecast for Revenue per Available Room (RMB), 2019 – 2023
Figure-65: Occupancy Rate Percent (%), 2011 – 2018
Figure-66: Forecast for Occupancy Rate Percent (%), 2019 – 2023
Figure-67: Room Stock (Thousand rooms), 2014 – 2018
Figure-68: Forecast for Room Stock (Thousand rooms), 2019 – 2023
Figure-69: International Visitors in City (Million), 2011 – 2018
Figure-70: Forecast for International Visitors in City (Million), 2019 – 2023
Figure-71: Room Average Daily Rate (RMB), 2011 – 2018
Figure-72: Forecast for Room Average Daily Rate (RMB), 2019 – 2023
Figure-73: Revenue per Available Room (RMB), 2011 – 2018
Figure-74: Forecast for Revenue per Available Room (RMB), 2019 – 2023
Figure-75: Occupancy Rate Percent (%), 2011 – 2018
Figure-76: Forecast for Occupancy Rate Percent (%), 2019 – 2023
Figure-77: Room Stock (Thousand rooms), 2014 – 2018
Figure-78: Forecast for Room Stock (Thousand rooms), 2019 – 2023
Figure-79: International Visitors in City (Million), 2014 – 2018
Figure-80: Forecast for International Visitors in City (Million), 2019 – 2023
Figure-81: Room Average Daily Rate (RMB), 2011 – 2018
Figure-82: Forecast for Room Average Daily Rate (RMB), 2019 – 2023
Figure-83: Revenue per Available Room (RMB), 2011 – 2018
Figure-84: Forecast for Revenue per Available Room (RMB), 2019 – 2023
Figure-85: Occupancy Rate Percent (%), 2011 – 2018
Figure-86: Forecast for Occupancy Rate Percent (%), 2019 – 2023
Figure-87: Room Average Daily Rate (RMB), 2011 – 2018
Figure-88: Forecast for Room Average Daily Rate (RMB), 2019 – 2023
Figure-89: Revenue per Available Room (RMB), 2011 – 2018
Figure-90: Forecast for Revenue per Available Room (RMB), 2019 – 2023
Figure-91: Occupancy Rate Percent (%), 2011 – 2018
Figure-92: Forecast for Occupancy Rate Percent (%), 2019 – 2023
Figure-93: Huazhu Hotels Group Ltd (Million RMB), 2013 – 2018
Figure-94: Forecast for Huazhu Hotels Group Ltd (Million RMB), 2019 – 2023
Figure-95: Zhejiang New Century Hotel Management Co. Limited (Million RMB), 2015 – 2018
Figure-96: Forecast for Zhejiang New Century Hotel Management Co. Limited (Million RMB), 2019 – 2023
Figure-97: Shanghai Jin Jiang International Hotels (Group) Company Limited (Million RMB), 2013 – 2018
Figure-98: Forecast for Shanghai Jin Jiang International Hotels (Group) Company Limited (Million RMB), 2019 – 2023
Figure-99: Jinmao Hotel (Million RMB), 2015 – 2018
Figure-100: Forecast for Jinmao Hotel (Million RMB), 2019 – 2023
Figure-101: Ctrip Hotels (Million RMB), 2013 – 2018
Figure-102: Forecast for Ctrip Hotels (Million RMB), 2019 – 2023
Figure-103: Meituan Dianping (Million RMB), 2015 – 2018
Figure-104: Forecast for Meituan Dianping (Million RMB), 2019 – 2023

Published By: Renub Research

Product Code: Renub Research88

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