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After twenty years of rapid growth in economy, China has now become one of the world most attractive destination for tourists, which means great opportunities for the development of hotels. China, along with its entry into WTO, will further open its tourism market; meanwhile, the negative affections from excessive expansion happened in the 90’s last century has been gradually digested by the market and the hotel industry is getting recovered. A new investment peak in hotel industry appeared in 2004-2005 period: international hotel groups surged into Chinese market on a large scale while domestic hotels reacted harshly.
China had 120.29 million inbound travelers in 2005, increasing by 10.3% than 2004. Over 46.81 million of the inbound travelers stayed overnight, increasing by 12.1%. With further execution of reform and open policy, the national economy will continue to develop rapidly and the people's living standard will also improve constantly; China is pacing up towards internationalization, for example the Beijing Olympic Games, Shanghai World Expo and Guangzhou Asian Sports Meeting are to be held soon, all of those factors are creating a good environment for hotel industry development in China.
Generally speaking, hotel industry shows a strong momentum in China. IBFCMF of all five-star hotels in China increased by 42%; as for four- and three-star hotels, the increase rate was 52% and 24% separately. Particularly, IBFCMF for foreign funded five- and four-star hotels realized better increase rate, which shared 43% and 35% of their total revenue respectively. Five-star hotels in Shanghai set the highest record with IBFCMF sharing 48% of the total revenue, followed by Sanya(47%) and Beijing (40%). In addition, guest room sector earned the most for five-star hotels, accounting for 55% of the total revenue while only taking 11% of the total expenditure. In contrast, 35% of the revenue came from catering sector, but shared 22% of the total expenditure.
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After twenty years of rapid growth in economy, China has now become one of the world most attractive destination for tourists, which means great opportunities for the development of hotels. China, along with its entry into WTO, will further open its tourism market; meanwhile, the negative affections from excessive expansion happened in the 90’s last century has been gradually digested by the market and the hotel industry is getting recovered. A new investment peak in hotel industry appeared in 2004-2005 period: international hotel groups surged into Chinese market on a large scale while domestic hotels reacted harshly.
China had 120.29 million inbound travelers in 2005, increasing by 10.3% than 2004. Over 46.81 million of the inbound travelers stayed overnight, increasing by 12.1%. With further execution of reform and open policy, the national economy will continue to develop rapidly and the people's living standard will also improve constantly; China is pacing up towards internationalization, for example the Beijing Olympic Games, Shanghai World Expo and Guangzhou Asian Sports Meeting are to be held soon, all of those factors are creating a good environment for hotel industry development in China.
Generally speaking, hotel industry shows a strong momentum in China. IBFCMF of all five-star hotels in China increased by 42%; as for four- and three-star hotels, the increase rate was 52% and 24% separately. Particularly, IBFCMF for foreign funded five- and four-star hotels realized better increase rate, which shared 43% and 35% of their total revenue respectively. Five-star hotels in Shanghai set the highest record with IBFCMF sharing 48% of the total revenue, followed by Sanya(47%) and Beijing (40%). In addition, guest room sector earned the most for five-star hotels, accounting for 55% of the total revenue while only taking 11% of the total expenditure. In contrast, 35% of the revenue came from catering sector, but shared 22% of the total expenditure.
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2005-2006 www.researchinchina.com All Rights Reserved |
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1. Investment circumstance in hotel industry 1.1 External economy circumstance 1.2 Effects of WTO 2. Factors that affect the investment and development in hotel industry 2.1 Sustainable growth at a high speed in tourism industry 2.1.1 Position of tourism in national economy 2.1.2 Development of domestic tourism, 2006 2.1.3 Up-to-date statistics of tourism, 2006 2.1.4 Development trend of tourism, 2006 2.1.5 Potential urgencies that may affect hotel industry 2.2. Emerging expo industries promote the progress of cities 2.2.1 Status quo of emerging expo industries in China 2.2.2 Expo economy in China 2.2.3 Drives from emerging expo industries on hotels 2.3 Olympic Games will bring new incentives to the development of hotels 3. Current development of China hotel industry 3.1 Development course of China hotel industry 3.2 Status quo of China hotel industry 3.2.1 Overall recovering of China hotel industry 3.2.2 Hotel groups and hotel chains in China 3.2.3 Star-level hotels in five big cities of China 3.2.4 Information management of China hotels 3.2.5 Individuation services in China hotel industry 3.2.6 Possible ways for China hotel industry to go to the world 3.3 Problems in China hotel industry and the countermeasures 4. Incentives from related industries 4.1 Tourism 4.2 Expo industry 4.3 Catering industry 5. Operation analysis of hotel industry, 2005-2006 5.1 Overall analysis 5.1.1 Key causes of failures 5.1.2 Operation of hotels 5.1.3 Problems 5.2 Grouping management 5.2.1 Development of grouping management in China 5.2.2 Development trend of hotel industry 6 Statistic indexes of China hotel industry 6.1 General situation of China hotel industry, 2005-2006 6.1.1 Guest room of hotels, 2005-2006 6.1.2 Average price of rooms and accommodation rate of hotels in China, 2005-2006 6.2 Analysis of star-level hotels by the management style in China, 2005-2006 6.2.1 Five-star hotels 6.2.2 Four-star hotels 6.2.3 Accommodation rate of each star-level hotel 6.2.4 Business structure and profit of each star-level hotel 7. Commercial hotels 7.1 Concept and introduction 7.2 Status quo of commercial hotels in China 7.2.1 Status quo 7.2.2 Commercial hotels are quite popular 7.2.3 Investment surges over commercial hotels 7.3 Investment trend 7.4 Prospect and development trend of commercial hotels 8. Holiday hotels 8.1 Holiday economy and hotel industry 8.2 General situation of holiday hotels 8.3 Development of holiday hotels 8.4 Operation and risks 8.5 Development trend and problems 9. Budget hotels 9.1 Definition and characteristics 9.2 Development status of China budget hotels 9.2.1 Development style and status quo of budget hotels 9.2.2 Rapid rising of budget hotels in China 9.2.3 Expanding of budget chain hotels in China 9.2.4 China budget hotels are staging at rapid growth 9.3 Operation and management of budget hotels 9.3.1 Innovation in the management of China budget hotels 9.3.2 Considerable profit of running modern budget hotels 9.3.3 Faultage exists in China budget hotels 9.3.4 Management mode of first batch of budget hotels in China 9.4 Profits analysis 9.4.1 Analysis of the input and output 9.4.2 Analysis of investment returns 9.4.3 Solutions to combine budget hotels with capital market 9.4.4 Potential problems lie in the use of land 9.5 Operation modes of budget hotels 9.6 Problems confronting with budget hotels 9.7 Competition analysis 9.8 Development strategies of China budget hotels 9.8.1 Problems that should be concerned 9.8.2 Mistakes that should be avoided 9.8.3 Development strategies 9.8.4 Development trend of China budget hotels 9.8.5 Budget hotels, where the golden chance is hidden 9.8.6 Budget hotels are becoming the mainstream 9.8.7 Huge potential in budget hotel chain market 10 Property hotels 10.1 Definition and classification 10.2 Status quo of property hotels 10.3 Development trends of property hotels 10.4 Property hotels shows up in Pearl-delta Area 10.5 Property hotels see good future in Xi'an investment market 10.6 Hot sale of property hotel flats in Suzhou 10.7 Main factors that affect the sales of property hotels 10.8 Investment approaches 10.9 Investment risks 10.10 Prospect 11. Theme hotels 11.1 Initiation and rising of theme hotels 11.2 General development situation of theme hotels 11.3 Development trend 11.4 Analysis of the investment in theme hotels 12. Green hotels 12.1 Definition and initiation 12.2 General development 12.3 Problems and difficulties 13. Consumption status of hotels in China 13.1 Analysis of the consumption structure 13.1.1 Consumption structure of inbound travelers 13.1.2 Consumption structure of domestic tourists 13.2 Analysis of consumption behavior and consumption trend 13.2.1 Tourists' choices on the accommodation facilities 13.2.2 Tourists' duration of stay and changes 13.2.3 Tourists' purpose of travel 13.2.4 Commodities that inbound traveler interests in 13.2.5 Tourists' comments 14 Beijing Hotel market 14.1 Development and the Olympic Games 14.2 General situation in Beijing hotel market 14.3 Competition 14.4 Prospect and development trend 15 Shanghai hotel market 15.1 New opportunities brought about by the World Expo 15.2 General situation of Shanghai hotel market 15.3 Problems and countermeasures 15.4 Prospect and investment 16. Guangzhou hotel market 16.1 General development situation 16.2 Overview 16.3 Competition pattern 16.4 Problems and countermeasures 16.5 Development trend 17 Shenzhen hotel market 17.1 General situation 17.2 Competition 17.3 Development trend 18. Major enterprises in hotel industry 18.1 International enterprises 18.1.1 Bass Group 18.1.2 Hilton 18.1.3 Marriott 18.1.4 Shangri-La Hotel 18.2 Major domestic hotels 18.2.1 Huatian Hotel 18.2.2 Jinjiang Group 18.2.3 Dongfang Hotel 18.2.4 Jinling Hotel 18.2.5 Xindu Hotel 19 Competition in hotel industry 19.1 Competition structure for guest source 19.1.1 Guest source of three-star hotels and room price contribution, 2005-2006 19.1.2 Guest source of four-star hotels and the room price contribution, 2005-2006 19.1.3 Guests of five-star hotels and the room price contribution, 2005-2006 19.2 Evaluation between Chinese hotels and American hotels 19.2.1 Gap 19.2.2 Situation of hotels in China and USA 19.2.3 Foreign brands grab China market 19.2.4 New competitiveness element—to invest in property hotels 19.2.5 Informationization degree, good weapon to survive 19.3 Competition in hotel industry 19.3.1 New standards spur the competition in hotel industry 19.3.2 Luxury hotels enter a new run of competition 19.3.3 Hotel competition focuses on the individuation services 19.4 Comparison of domestic and foreign hotels 19.4.1 Advantages of domestic hotels 19.4.2 Advantages of foreign hotels 19.4.3 Main gaps between domestic hotels and foreign hotels 19.4.4 Competition pattern in hotel industry 19.4.5 Countermeasures for domestic hotels join the global competition 19.5 Competitiveness analysis of hotel industry 19.6 Specialized management and innovation strategies 20. Development trend of hotel industry 20.1 Operation and management 20.2 Development of China hotel industry in 2007 20.3 Development of Hong Kong market 20.4 Development of West China market
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2005-2006 www.researchinchina.com All Rights Reserved |
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Latest statistics on tourism industry in China, 2006 Revenue of expo Distribution of expo industry in China Statistics of Beijing luxury hotels, Jan, 2006-Jun, 2006 Hotel market in China and the average income per room, 2005 Statistics on inbound travel to China, 2005 Statistics on domestic tourism, 2005 Revenue from domestic tourism, 2005 Domestic average expense (per capita) on tourism, 2005 Inbound travelers staying overnight, 2004-2006 Numbers of domestic travelers, 2004-2006 Total revenues from tourism, 2004-2006 Expos held in China every year Operation of catering market in H1, 2006 Average expense per capita on catering in China, 2006 Rooms available for guests in different star-level hotels (by management style), 2003-2006 ADR classification (star-level/ management) of sampled guest rooms, 2003-2006 OCC classification (star-level/ management) of sampled guest rooms, 2003-2006 Actual occupancy rooms in different star-level hotels (by management style), 2003-2006 Accommodation rate in different star-level hotels (by management style), 2003-2006 Income from foodstuff for different star-level hotels (by actual occupancy room), 2003-2006 Income from beverage for different star-level hotels (by actual occupancy room), 2003-2006 Income from water therapy and health care in different star-level hotels (by actual occupancy room), 2003-2006 Profit from water therapy and health care in different star-level hotels (by actual occupancy room), 2003-2006 Guest structure of St. Regis Hotel Shanghai Chain hotels in China, 2006-2010 Bed price of budget hotels in Shanghai The number of five-star, four-star, three-star and two-star hotels in China The number of each star-level hotel in Beijing Consumption gaps between males and females Consumption of people at different ages Consumption of people with different education background Domestic tourists' comments on accommodation conditions, 2006 Domestic tourists' comments on traffic, 2006 Domestic tourists' comments on food and beverage, 2006 Domestic tourists' comments on entertainment, 2006 Domestic tourists' comments on shopping, 2006 Domestic tourists' comments on guides, 2006 Comparison between star-level hotels and non star-level hotels Total hotel beds in Shanghai and the disparity with the demands in World Expo Structure of inbound travelers to Guangzhou Average room price of three-star hotels and budget hotels, 2005 Average profit per room of three-star hotels and budget hotels, 2005 Average room price of three-star hotels four star hotels and five star hotels, 2005
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