What is the development potential of China hotel industry?

With the development of the tertiary industry, the hotel industry can be seen everywhere in China. Every hotel wants to open the market, get a large number of customers and establish a good reputation, but it is not easy to do this.

Generally speaking, it is a place where guests sleep and eat. Specifically, a hotel is an organization that provides services for its guests by selling rooms, restaurants and comprehensive service facilities based on its buildings. The hotel mainly provides accommodation services for tourists, as well as accommodation services and facilities (pre-bed services), catering, games, entertainment, shopping, business center, banquet and conference facilities.

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China leads the rapid development of tourism and hotel industry in Asia, with a strong growth momentum of business and leisure income. Compared with first-tier cities, hotel prices in second-and third-tier cities in China have risen sharply. With the opening of new hotels in second-and third-tier cities and the government's investment in new transportation facilities, the hotel prices in China will further increase steadily.

As Chinese and foreign hotel brands continue to expand their business fields, the balance between supply and demand of hotels will become the main problem in the future. The proportion of all kinds of chain hotels in the world is: luxury 5%, high-end 30%, mid-range 37%, economy 20% and suitable 8%. But only 28% hotels are economical and have great development potential.

By the end of 20 12, there were nearly 3.3 million accommodation and catering enterprises in China, with annual operating income exceeding 2 trillion yuan, accounting for about 5% of the GDP of that year. 20 1 1 year, the national catering revenue was 2,054.3 billion yuan, up 16.9% year-on-year, and the number of employed people exceeded 22 million. In the accommodation industry, there are more than 280,000 enterprises in China.