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Business revenue from hotel rooms of hotels in China grows in 2017

China National Statistical Office announced that hotel revenue slightly rose by 4.41% in 2017. It's the highest number ever noted since 2004 as hotel revenue increased negligibly by 84.02 hundred million Yuan Renminbi, as it follows the tendency of the prior year when it went up by 5.78 percent. China saw a raise of 258.98% in hotel revenue over the past 14 years. Moreover, it has attained an increase at a 0.03% compound average annual growth rate over the last 5 years with a marginal overall rise since the 2004. It averaged 1 323.19 hundred million Yuan Renminbi from 2004 to 2017 and it reached its minimum of 554.7 hundred million Yuan Renminbi in 2004.

Business revenue from hotel rooms of hotels in China grows in 2017
Date Hundred Million Yuan Renminbi Variation
2017 1 991.25 4.41
2016 1 907.23 5.78
2015 1 803.10 3.67
2014 1 739.20 1.98
2013 1 705.43 5.41
2012 1 617.91 5.38
2011 1 535.32 17.22
2010 1 309.76 25.79
2009 1 041.19 -2.2
2008 1 064.58 25

Related Statistics

Hotel Revenue in other Countries

Main Hotel Indicators

  • Available Hotel Room

    Amount of vacant rooms (or beds) a hotel can offer. It is a direct measure of the hotel's business supply.

  • Overnight Stay In Hotel

  • Hotel Occupancy Level

    Percentage of available rooms or beds in a hotel being sold for a certain period of time. It is calculated by dividing the total overnight stays/number of bedrooms by the total number of bed-places/bedrooms on offer (excluding extra beds). Based on: Eurostat.

  • Hotel Employment

  • Hotel Revenue

    Revenue generated by the hotel industry.