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Postby suly » Fri Aug 10, 2018 2:42 am

thank you for sharing information, i like your blog
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Renub Research | China Hotel Market

Postby BillyJhonson » Thu Jun 20, 2019 8:01 am

There have been significant investment and consolidation has taken place in the past few years due to which China hotel market is prospering. Several forces are driving the China hotel market to be US$ 136 Billion (Yuan 938 Billion) by the year 2023, according to Renub Research. China's burgeoning economy has produced a sizeable middle class with increasing disposable income is looking for services that enhance the quality of life. Chinese people also have reasonable vacation time due to the lifting of travel restriction and initiation of 5 day work week by the Chinese government. According to Renub Research analysis, about 130 Million annual tourists are expected to arrive by the year 2020. Wellness tourism is also getting attention in the Peoples Republic of China. Unique experience and focus on lifestyle provided by the boutique hotel are also gaining momentum in China.

China Hotel Market
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