Hospitality Industry in China Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Hotel Industry in China and is Segmented by Type (Chain Hotels and Independent Hotels) and Segments (Service Apartments, Budget and Economy Hotels, Mid and Upper Mid-Scale Hotels, and Luxury Hotels). The Market Size and Forecasts for the Hospitality Industry in China are Provided in Terms of Value (USD Billion) for all the Above Segments.

Hospitality Industry in China Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

China Hospitality Industry Overview

The rising younger generation is reshaping the hospitality industry in China. This influential generation is driving the domestic travel market, 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 Market Leaders

  1. Marriott International Inc.

  2. Jinjiang International

  3. Huazhu Hotels Group (Hanting, Joya, and others)

  4. BTG Homeinns

  5. GreenTree Hospitality Group

  6. *Disclaimer: Major Players sorted in no particular order
Hospitality Industry in China Concentration