China welcomes new investment with scores of planned projects

China welcomes new investment with scores of planned projects


The Asia Pacific market is one of the most bankable in the international hospitality industry. The region continues to see increased growth, and China is perhaps one of the tourism strongholds of the regions, with TOPHOTELNEWS reporting on its sustained popularity in February of this year, citing it as one of the fasting growing countries in the industry. Data complied from the TOPHOTELPROJECTS database outlines the Chinese project pipeline, and reports an incredible 744 proposed openings which will give a total key count of 199,955 rooms. The lion’s share of the projects will be in the luxury 5-star category, while the rest will be 4-star, 446 and 298 in each category respectively.

15
Like
Save

Comments

%d bloggers like this: