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China: Hotels & Motels Industry Report

  • September 2017
  • 40 pages
  • ID: 177346
In this report:
Demand is expected to outpace supply as the growth pace of capacity will decelerate, increasing occupancy rates, prices, and eventually revenues.
The industry's volume is expected to rise to ##,##.## establishments by the end of 2021, representing a CAGR of ##.##% over 2016-2021.
However, this trend is expected to be reversed over the forecast period, with improved demand and prices leading to increased revenues.

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Hotels & Motels in China

Brief

Hotels & Motels in China industry profile offers broad overview information containing: market size (value and volume between 4 years (2012-2016), and outlook to 2021). The report also offers details of the top players, including main business metrics and analysis of the competitive environment within the market.

Abstract

Fundamental source for important data and analysis covering the China hotels & motels industry. Contains industry size and segmentation information, textual and graphical study of business growth trends, dominant companies and macroeconomic data.

Key Findings

- The hotels & motels industry value consists of all room revenues generated by hotels, motels and other accommodation providers through the provision of accommodation. The value does not include non-room revenues, including casinos, shops and telecommunication services. The sector is broken down according to the origin of the revenues (leisure consumers and business consumers). Market volumes are classed as the number of hotels in a country or region. Any currency conversions included within this industry report have been counted using constant 2016 annual average exchange rates.

- The Chinese hotels & motels sector had global revenues of $66.4bn in 2016, totalling a CAGR of 1.00 percent in the timespan 2012-2016.

- Industry consumption amount expanded with a compound annual growth rate of 6.50 percent in the timespan 2012-2016, to attain a total of 16,485.0 establishments in 2016.

- Demand in the Chinese industry has been strong as the number of domestic and foreign visitors considerably increased over the newest decade. This led to high growth rates of supply by additional entrants which eventually forced the average prices of accommodation to consistently fall, resulting in minimized revenue. Despite this, the revenue of hotel operators experienced sharp growth in 2015, when the capacity of the industry reduced. Contrastingly, immense growth of supply in 2015 reduced the revenue of hotel operators in 2016 by 7.80 percent.

Overview

- Obtain entry-level research easily and quickly by finding key elements, such as size, growth, main segments and key actors in the hotels & motels industry in China (CN)

- Porter's five forces analysis will help you define the competitive concentration and thus the appeal of the hotels & motels industry in China (CN)

- Dominant company profiles show details of key hotels & motels market actors' overall activities and financial performance

- Improve your presentations and pitches by apprehending the growth projections of the China hotels & motels segment with 5 years predictions by both value and volume

Purposes to acquire this study

- What was the size of the China hotels & motels market worth in 2016?

- What will be the size of the China hotels & motels industry in 2021?

- What factors are influencing the force of competition in the China hotels & motels industry?

- How has the sector performed over the final five years?

- What are the top segments that make up China's hotels & motels industry?

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