| Study Period | 2020 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| 乐鱼体育官网 Size (2025) | USD 93.70 Billion |
| 乐鱼体育官网 Size (2030) | USD 138.44 Billion |
| CAGR (2025 - 2030) | 8.12% |
| 乐鱼体育官网 Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
China Hospitality 乐鱼体育官网 Analysis
The Hospitality Industry In China 乐鱼体育官网 size is estimated at USD 93.70 billion in 2025, and is expected to reach USD 138.44 billion by 2030, at a CAGR of 8.12% during the forecast period (2025-2030).
China's hospitality 乐鱼体育官网 has grown significantly in recent years. With political and social stability, rapid economic growth, and a vast population base and natural resources, China has lured many multinational hotels, including the world's leading hotel chains, to its potentially huge 乐鱼体育官网. The number of Chinese inbound visitors also has grown to affluent who are traveling more within the country, boosting the growth of the China Hotel 乐鱼体育官网.
The global value chains have been interrupted because of the production losses in China. Also, China plays an important role in tourism. Chinese tourists spent $277 billion overseas in 2018, 21% of the global spending on tourism. Due to COVID-19, the tourism sector in China has been affected internationally.
The tourism and hotel 乐鱼体育官网 share growth in China by the outbound tourism segment will be significant during the forecast period. The 乐鱼体育官网 is driven by increasing preference for local and authentic experiences, the growing popularity of the 24-hour visa-free transit rule, and attraction toward ice sports and cruise tourism.
China Hospitality 乐鱼体育官网 Trends
The Rising Demand for Hotels is Driving the Growth of the 乐鱼体育官网
With rising domestic tourism and corporate travel, as well as the relaxation of Covid-19 limitations, China's hotel sector is still far from saturated and poised for expansion. Despite the pandemic's failures, China's hotel business has enjoyed rapid expansion in recent years, with 3,711 new projects (8% rise year on year) and 704,101 extra rooms (7% increase year on year) in Q1 2022.
It's also worth mentioning that 乐鱼体育官网 concentration in the business remains rather strong, with Jinjiang Group, Huazhu Group Limited, and Guangdong (International) Hotel Management Holdings Limited among China's top domestic hotel management brands. Foreign organizations such as InterContinental Hotels Group (IHG) and Shangri-la Hotels and Resorts now dominate the high-end hotel 乐鱼体育官网.
Understand The Key Trends Shaping This 乐鱼体育官网
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Growing Internet Access and Online Testimonials is Driving the 乐鱼体育官网
China's burgeoning economy has produced a large middle class looking for services that improve quality of life, which has spawned a growing trend toward more leisure and vacation travel in China. A recent A.T. Kearney consumer study of China's upper middle class-currently comprising 13 million households and projected to grow to 55 million in 10 years-shows that the mainly Chinese prefer self-planned travel over group travel packages. About 70 percent of travelers use online travel sites for information gathering, with 58 percent booking their accommodations on sites such as Qunar.com or Lvmama.com. With China's 500 million-plus Internet users and an ever-increasing demand for individual self-planned tours, online travel sites are important distribution channels for any hotel operator.
The transaction volume of the Chinese online travel booking 乐鱼体育官网 amounted to approximately 1.8 trillion yuan, with an annual growth rate of 21.6 percent. The importance of transactions dropped in 2020, the first year of the COVID-19 pandemic, to 987.5 billion yuan but was estimated to grow in 2021 and 2022.
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China Hospitality Industry Overview
The rising younger generation is reshaping the hospitality industry in China. This influential generation is driving the domestic travel 乐鱼体育官网, which accounts for a great share of the hospitality industry. In order to cope with the preferences of the millennial population, the key players in the hospitality industry are opting for technological upgrading of their properties throughout the country. InterContinental Hotels Group has teamed up with Baidu and is introducing artificial intelligence-supported smart rooms in China. Likewise, Marriott International also teamed up with China's Alibaba Group Holding to launch facial recognition technology for check-ins. Major players such as Marriott International Inc., Jinjiang International, Huazhu Hotels Group (Hanting, Joya, and others), BTG Homeinns and GreenTree Hospitality Group
China Hospitality 乐鱼体育官网 Leaders
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Marriott International Inc.
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Jinjiang International
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Huazhu Hotels Group (Hanting, Joya, and others)
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BTG Homeinns
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GreenTree Hospitality Group
- *Disclaimer: Major Players sorted in no particular order
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China Hospitality 乐鱼体育官网 News
- November 2022: The U.S.-based hotel chain Marriott International announced the plan to add 30 hotels in Greater China by the end of 2023. This is expected to add more than 460 properties in 120 destinations in the Greater China region to Marriott's hotel portfolio.
- September 2022: The U.S.-based hospitality firm InterContinental Hotels Group (IHG) announced the opening its 600th hotel in Greater China. The Kimpton Bamboo Grove Suzhou has 179 rooms and features a signature Chinese restaurant, The Grove.
China Hospitality Industry Segmentation
A complete background analysis of the hospitality industry in China, which includes an assessment of the industry associations, overall economy, and emerging 乐鱼体育官网 trends based on segments, significant changes in the 乐鱼体育官网 dynamics, and the 乐鱼体育官网 overview, is covered in the report. The report offers 乐鱼体育官网 size and forecasts for the Hospitality Industry in China in value (USD Billion) for all the above segments.
The report on Hospitality Industry in China is segmented by Type (Chain Hotels and Independent Hotels) and Segment (Service Apartments, Budget and Economy Hotels, Mid and Upper Mid-scale Hotels, and Luxury Hotels).
| By Type | Chain Hotels |
| Independent Hotels | |
| By Segment | Service Apartments |
| Budget and Economy Hotels | |
| Mid and Upper Mid-scale Hotels | |
| Luxury Hotels |
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China Hospitality 乐鱼体育官网 Research FAQs
How big is the China Hospitality 乐鱼体育官网?
The China Hospitality 乐鱼体育官网 size is expected to reach USD 93.70 billion in 2025 and grow at a CAGR of 8.12% to reach USD 138.44 billion by 2030.
What is the current China Hospitality 乐鱼体育官网 size?
In 2025, the China Hospitality 乐鱼体育官网 size is expected to reach USD 93.70 billion.
Who are the key players in China Hospitality 乐鱼体育官网?
Marriott International Inc., Jinjiang International, Huazhu Hotels Group (Hanting, Joya, and others), BTG Homeinns and GreenTree Hospitality Group are the major companies operating in the China Hospitality 乐鱼体育官网.
What years does this China Hospitality 乐鱼体育官网 cover, and what was the 乐鱼体育官网 size in 2024?
In 2024, the China Hospitality 乐鱼体育官网 size was estimated at USD 86.09 billion. The report covers the China Hospitality 乐鱼体育官网 historical 乐鱼体育官网 size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the China Hospitality 乐鱼体育官网 size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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China Hospitality Industry Report
Statistics for the 2025 Hospitality Industry In China 乐鱼体育官网 share, size and revenue growth rate, created by Mordor Intelligence鈩� Industry Reports. Hospitality Industry In China analysis includes a 乐鱼体育官网 forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
