China rules. Citizens of the Middle Kingdom are world champions in traveling, with the number of Chinese tourists traveling to other countries doubling over the past five years.
But tourism within the country is also booming. The turnover of the hotel industry has increased by over nine percent in recent years and is now, according to current surveys, at $USD 47.4 billion. According to TOPHOTELPROJECTS, there are currently 544 first class and luxury hotels with 164,400 rooms in the pipeline.
Overview of new hotel building projects in China by brand
Aloft (Starwood Hotels & Resorts) – 6 hotel construction projects
Angsana (Banyan Tree) – 7
Ascott Residences (The Ascott) – 10
Banyan Tree – 15
Conrad (Hilton Worldwide) – 6
Dusit/Dusit Thani – 12
Edition (Marriott) – 3
Fairmont – 9
Four Seasons – 3
Grand Hyatt – 5
Hilton – 11
Hotel Indigo (IHG) – 4
Hualuxe (IHG/Hualuxe) – 18
Hyatt Regency – 8
InterContinental (IHG) – 9
Jumeirah – 9
JW Marriott – 7
Kempinski – 2
Langham Place – 4
Le Méridien (Starwood Hotels) – 9
Mandarin Oriental – 4
Marco Polo – 3
Mövenpick Hotels – 2
New World Hotels – 6
Park Hyatt – 4
Pentahotel – 4
Pullman (Accor) – 6
Radisson/Radisson Red/Radisson Plaza/Radisson Blu – 18
Raffles – 2
Regal Hotels – 10
Regent Hotels – 2
Renaissance (Marriott) – 5
Ritz Carlton (Marriott) – 6
Rosewood – 2
Sanya (Marriott) – 2
Shangri-La – 13
Sheraton (Starwood Hotels) – 36
Sofitel (Accor) – 7
Solis (Capella) – 3
Somerset (The Ascott) – 13
St. Regis (Starwood Hotels) – 6
Steigenberger – 5
Swissotel (FHRI) – 5
Taj – 2
The Chedi – 2
Westin (Starwood Hotels) – 6
W Hotels (Starwood Hotels) – 8
Waldorf Astoria (Hilton) – 3
Wyndham – 11
Most of the newest hotel buildings – by number of rooms – are arising in regional cities such as Changsha, Zhengzhou, Haikou, Sanya and Chengdu as the largest metropolises are becoming saturated with hotels – most of them are in Shanghai (51,900), followed by Beijing (39,400) and Hong Kong (39,300).