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Chinese hotel development starts to accelerate

Chinese hotel development starts to accelerate

Mark Elliott

- June 26, 2017

Hotel construction in China could start to accelerate again in the coming years, new data has revealed.

China has the Asia Pacific region’s largest hotel pipeline, but it has been shrinking recently. According to a new report from Lodging Econometrics however, the coming years are likely to see the pace of development pick up again.

There are currently 1,722 hotel projects under construction across China, comprising 360,379 rooms, which marks a 4% decline compared to this time last year (in terms of projects).

But there are also 323 new projects comprising 72,323 rooms set to get underway in the next 12 months, which marks a 10% year-on-year increase, and the number of projects in the early planning stages has increased 8% to 396, comprising 101,583 rooms.

Marriott International, IHG and Hilton Worldwide were found to be the chains with the largest Chinese pipelines, while the largest individual brands are Sheraton, Holiday Inn and Hilton Hotels.

Shanghai, Guangzhou, Chengdu, Sanya and Suzhou are the destinations with the strongest development.

May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

Stay riveted for our next gala event, The Brand Travel Daily Media Travel Excellence Awards that recognizes and celebrates the outstanding achievements of companies and individuals in the travel, airline, and hospitality industry. They are scheduled to take place in 11 October, 2024

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Chinese hotel development starts to accelerate

Mark Elliott

- June 26, 2017

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May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

Stay riveted for our next gala event, The Brand Travel Daily Media Travel Excellence Awards that recognizes and celebrates the outstanding achievements of companies and individuals in the travel, airline, and hospitality industry. They are scheduled to take place in 11 October, 2024

For inquires, to attend or sponsor next awards, kindly email here: Gary@traveldailymedia.com

If you know of any female leaders or up and coming superstars in the Travel and Hospitality industry you would like to nominate, please visit our page and complete a nomination form!
The prestigious IWTA Awards 2024 Award Winners are listed below:

content studio box

…there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign.

We can also organise a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats