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It was definitely put forward in China's 11th Five-Year Plan to actively develop culture and tourism industries with huge demand potential. Meanwhile, China National Tourism Administration also clarified the program to comprehensively develop domestic tourism, boost inbound tourism and regulate the outbound tourism according to the 11th Five-Year Plan so as to realize the goals of inbound overnight tourists 68.8 million and domestic tourists 1.78 billion with a total tourism income of USD 156.5 billion. According to the forecast of WTTC, China tourism industry will keep an average annual growth rate of 10.4% in the coming ten years, among which individual and enterprise/government tourism consumption will increase by 9.8% and 10.9% respectively.
The rapid growth of tourism industry led to increasingly prosperity of hotel subsidiary industries, especially after SARS of 2003, star-level hotels and budget hotels in China's major cities developed rapidly.
By the end of 2005, China's star-level hotels totaled to 12930, increasing 2042 with a year-on-year rate of 18.75%, hotel rooms reached 1.37 million, increasing 132.1 thousand with 10.67%, beds amounted to 2.55 million, increasing 183.4 thousand with 7.75%. Considering the current investment enthusiasm in hotel industry, the estimated amount of star-level hotels will reach 13500 by the end of 2006.
Statistics of Budget Hotels in China by Province, 2000-2006
During the past three years, budget hotels have kept a rapid growth of above 50% and entered a continuous growth period. In Oct of 2006, Home Inns was listed in American NASDAQ, which also attracted capital to China's domestic budget hotels.
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It was definitely put forward in China's 11th Five-Year Plan to actively develop culture and tourism industries with huge demand potential. Meanwhile, China National Tourism Administration also clarified the program to comprehensively develop domestic tourism, boost inbound tourism and regulate the outbound tourism according to the 11th Five-Year Plan so as to realize the goals of inbound overnight tourists 68.8 million and domestic tourists 1.78 billion with a total tourism income of USD 156.5 billion. According to the forecast of WTTC, China tourism industry will keep an average annual growth rate of 10.4% in the coming ten years, among which individual and enterprise/government tourism consumption will increase by 9.8% and 10.9% respectively.
The rapid growth of tourism industry led to increasingly prosperity of hotel subsidiary industries, especially after SARS of 2003, star-level hotels and budget hotels in China's major cities developed rapidly.
By the end of 2005, China's star-level hotels totaled to 12930, increasing 2042 with a year-on-year rate of 18.75%, hotel rooms reached 1.37 million, increasing 132.1 thousand with 10.67%, beds amounted to 2.55 million, increasing 183.4 thousand with 7.75%. Considering the current investment enthusiasm in hotel industry, the estimated amount of star-level hotels will reach 13500 by the end of 2006.
Statistics of Budget Hotels in China by Province, 2000-2006
During the past three years, budget hotels have kept a rapid growth of above 50% and entered a continuous growth period. In Oct of 2006, Home Inns was listed in American NASDAQ, which also attracted capital to China's domestic budget hotels.
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2005-2006 www.researchinchina.com All Rights Reserved |
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1 Retrospect of Hotel Industry in 2006
1.1 Ever-increasing Prosperity
1.2 Continuous High-Speed Hotel Supply VS Imbalanced Hotel Structure
1.3 Ever-Rising Room Price & Rental Rate of Star-Level Hotels
1.4 Rapid Expansion of Budget Hotel VS Structural Adjustment of Hotel Industry
1.5 Business Activities Boost the Prosperity of High-Level Hotels
1.6 Room Prices of Varied Hotels by Ownership
1.7 Hotel Supply in Varied Regions2 Elements Affecting China Hotel Industry
2.1 Sustainable Development of Tourism Industry
2.2 Impact of Olympics and Would Expo
2.3 Impact of RMB Appreciation
2.4 Others 3 Development Trends of Star-Level Hotels in 2007
3.1 Domestic Competition Pattern
3.2 Supply & Demand Situation of Regional Star-Level Hotels
3.3 Development Trends 4 Development Trends of Budget Hotels
4.1 Continuous Soaring Investment Enthusiasm
4.2 Rampant Competition
4.3 Franchise Chain Becomes the Tendency 5. Major Listed Enterprises
5.1 China CYTS Tours Holding Co., Ltd
5.2 Shanghai Jinjiang International Hotels Development Co., Ltd
5.3 Beijing Tourism Group
5.4 Hunan Huantian Great Hotel Co., Ltd
5.5 Others
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2005-2008 www.researchinchina.com All Rights Reserved |
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Amount of Star-Level Hotels since 2000
Room Amount of Star-Level Hotels in the Past Years
Structure of Star-Level Hotels, 2000-2006
Amount and Growth Rate of 5-Star Hotels since 2000
Amount and Growth Rate of 4-Star Hotels since 2000
Amount and Growth Rate of 2-Star, 3-Star Hotels
Amount and Growth Rate of 1-Star Hotels
Rental Rate of Star-Level Hotels since 2000
Top 10 Budget Hotel Companies by 2005
Star-Level Hotel Supply in Major Cities
Room Prices of Varied Hotels by Ownership, 2004-2005
Growth Rate of IBFCMF
Amount of Shanghai's Star-Level Hotels
Prices of Shanghai's Star-Level Hotels, 2003-2005
Travel-to-Shanghai Tourists over the Past Years
Rental Rate and Price of Beijing's Hotels over the Past Years
Statistics of Golden Week Tourism over the Past Years
Tendency of China's Domestic Tourism Market, 2000-2006
Impact of Summer Olympics on Host Countries, 1984-2004
Forecast on Beijing Tourism Market, 2006-2008
Amount of Korea Hotels, 1983-1988
Operation Income of Australia Hotel Industry before and after Sydney Olympics
Impact of Expo on Local Tourism Industry
Ranking and Scale of Global Budget Hotels, 2005
Main Expansion Modes of Budget Hotels, 2005
Main Tourist Source Structure of Budget Hotels, 2005
China Top 10 Budget Hotels, 2005
Market Growth of Main Brand Enterprises of Budget Hotel
Booking Approaches for Main Budget Hotels
Statistics of Budget Hotels in China by Province, 2000-2006
Distribution of Jin Jiang Hotels by Region, 2006
Distribution of Home Inns by Region, 2006
Distribution of Motel 168 by Region, 2006
Distribution of Super 8 Hotel by Region, 2006
Distribution of Xinyu Inn by Region, 2006
Distribution of Hotel Home by Region, 2006
Distribution of 7 Days Inn Group by Region, 2006
Financial Status of Home Inns, 2004-2006
Listed Budget Hotel Enterprises in Shanghai and Shenzhen
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2005-2008 www.researchinchina.com All Rights Reserved
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