As seen in Lodging Econometrics’ (LE’s) most recent Asia Pacific Construction Pipeline Trend Report, excluding China, analysts state that the region ended the first quarter of 2023 with 1,885 projects/394,235 rooms in the total pipeline.
Hotel Construction pipeline growth in China picks up with the return of travel
According to the latest China Construction Pipeline Trend Report from Lodging Econometrics (LE), China’s total hotel construction pipeline stands at 3,659 projects/680,959 rooms at the end of Q1‘23, down 1% by projects and 3% by rooms year-over-year (YOY). While project counts may be down YOY, domestic and international travel gained significant momentum during the first quarter. The reopening of borders and national holidays has largely aided in the increased demand for travel accommodations, which is expected to continue this upward trajectory through the second quarter. As a matter of fact, in Q1, the country’s economy grew the fastest it had in over a year, showing people are eager to return to travel and normalcy.
JW Marriott debuts in one of China’s most historical cities JW Marriott Hotel Xi’an
JW Marriott, part of Marriott Bonvoy’s portfolio of 30 extraordinary hotel brands, today announced the opening of JW Marriott Hotel Xi’an, a remarkable destination home to six UNESCO World Heritage cultural and historic sites. Incorporating the beauty of the ancient city of Xi’an with the sophistication and luxury of the JW Marriott brand, the hotel offers extraordinary service and a commitment to holistic well-being, empowering guests to foster connections and revitalize their minds, body, and spirit.
CNN’s Hidden Treasures explores China’s unparalleled culture and history
Few places capture the imagination quite like China. With its borders now reopened to foreign visitors, CNN highlights China’s Hidden Treasures in a special 30-minute travel program, exploring remote tea plantations, surfing the waves off the country’s southern coast, and strolling through age-old markets where artisans keep ancient traditions alive today.
China’s unswerving pursuit of common prosperity
A report from People’s Daily: Wang Chuan, a villager of Zhanghe village in north China’s Shanxi province, now is busy preparing his B&B hotel every Friday.
UNWTO looks to “Re-write tourism history” at official re-opening of China
Leading a high-level delegation to the city of Hangzhou to join in the official re-opening, UNWTO Secretary-General Zurab Pololikashvili, warmly welcomed the lifting of travel restrictions as a major boost to economic growth and social opportunity both in Asia and the Pacific and globally. According to UNWTO data, the pandemic cost destinations worldwide a combined US$270 billion in Chinese outbound tourist spending in 2020 and 2021 alone. The re-opening of borders therefore represents “the moment the world has been waiting for”, Mr Pololikashvili noted.
Upscale projects in China’s hotel construction pipeline reach new all-time high
In the recently released China Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that the country’s total hotel construction pipeline, at the close of the fourth quarter, stands at 3,581 projects/675,074 rooms.
China becomes global trailblazer in wetland conservation with dynamic legislative
Walking through the city’s flagship East Lake National Wetland Park in Central China’s Wuhan, water and sky merge in muted colors, punctuated by fir trees on which hundreds of rare species of pelican crowd “painting” the tree branch snowy white with their droppings. This would have been an unimaginable scene just a decade ago due to rampant industrial pollution and environmental overexploitation.
China’s Hotel Construction Pipeline Hits Record High at Q2 2022
The latest Construction Pipeline Trend Report showed that the total China hotel construction pipeline stands at 3,693 projects/701,974 rooms.
Four Seasons and Vanzhong Group announce luxury hotel in Xi’an
Set to open in 2026, the 250-room hotel will be a resort-style retreat located in one of China’s most dynamic and historically rich destinations.
