Search results for “hotel”
$42.7 billion in hotel development fuels Chinese tourism recovery
11/03/2023|6:02:30 PM|
The vast majority of sites are newbuilds, 96% of the pipeline in fact, which equals 1,355 hotels at worst. This compares to just 31 refurbishments, 18 conversions and six extensions.
China accounts for 53% of Asia Pacific's upscale hotel projects
10/17/2023|1:39:53 PM|
The leading hub is Shanghai, with 72 developments, followed by western China’s Chengdu with 58.
China’s hotel market to reach $166b by 2028, says analysis
09/05/2023|1:35:16 PM|
Shanghai dominates China’s hotel market and generates high demand for hotel rooms.
Meituan stresses on growth in its hotel and travel business
12/04/2023|3:42:21 PM|
The focus on “value-for-money purchases” is paying off as quarterly transacting users increased substantially during Q3.
Upper-midscale hotel group Atour Lifestyle posts over 90% rise in Q3 revenue
11/17/2023|4:10:29 PM|
Room number expanded by 25.3%.
Tourism and business travel: China's hotel industry back to pre-pandemic levels
11/07/2023|11:50:40 AM|
Most growth comes from lower-tier cities, not large metropolitan areas, with a significant influx of Chinese tourists.
China’s hotel construction pipeline nears record high
08/25/2023|1:53:34 PM|
Upscale and upper-midscale projects are particularly active, with new hotel openings forecasted to grow.
Luxury cruise lines set sights on Pacific journeys; Tui to expand into China with new hotels | Daily Brief
09/19/2023|7:41:59 PM|
ITB China 2023 boasts over 17,000 business engagements; Air flights between Wuhan and Taipei resume after three years.
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