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Research and Markets: China Hotel Market Report, 2006-2007 (English Version) - IBFCMF Of All Five-Star Hotels In China Increased By 42%(M2 PressWIRE Via Acquire Media NewsEdge) RDATE:18072008 Dublin - Research and Markets (http://www.researchandmarkets.com/research/d0194d/china_hotel_market) has announced the addition of the "China Hotel Market Report, 2006-2007 (English Version)" report to their offering. After twenty years of rapid growth in the economy, China has now become one of the world s most attractive destinations for tourists, which means great opportunities for the development of hotels. China, along with its entry into WTO, will further open its tourism market; meanwhile, the negative affects from excessive expansion in the 90 s have been gradually digested by the market and the hotel industry is recovering. A new investment peak in the hotel industry appeared in the 2004-2005 period: international hotel groups surged into the Chinese market on a large scale while domestic hotels reacted harshly. China had 120.29 million inbound travellers in 2005, increasing by 10.3% over 2004. Over 46.81 million of the inbound travellers stayed overnight, increasing by 12.1%. With further execution of reform and open policy, the national economy will continue to develop rapidly and peoples living standard will also improve. China is pacing up towards internationalization, for example the Beijing Olympic Games, Shanghai World Expo and Guangzhou Asian Sports Meeting are to be held soon, all of those factors are creating a good environment for hotel industry development in China. Generally speaking, the hotel industry shows a strong momentum in China. IBFCMF of all five-star hotels in China increased by 42%; as for four- and three-star hotels, the increase rate was 52% and 24% separately. Particularly, IBFCMF for foreign funded five- and four-star hotels realized better increase rate, which shared 43% and 35% of their total revenue respectively. Five-star hotels in Shanghai set the highest record with IBFCMF sharing 48% of the total revenue, followed by Sanya (47%) and Beijing (40%). In addition, the guest room sector earned the most for five-star hotels, accounting for 55% of the total revenue while only taking 11% of the total expenditure. In contrast, 35% of the revenue came from catering sector, but shared 22% of the total expenditure. Key Topics Covered: 1. Investment circumstance in hotel industry 2. Factors that affect the investment and development in hotel industry 3. Current development of China hotel industry 4. Incentives from related industries 5. Operation analysis of hotel industry, 2005-2006 6 Statistic indexes of China hotel industry 7. Commercial hotels 8. Holiday hotels 9. Budget hotels 10 Property hotels 11. Theme hotels 12. Green hotels 13. Consumption status of hotels in China 14 Beijing Hotel market 15 Shanghai hotel market 16. Guangzhou hotel market 17 Shenzhen hotel market 18. Major enterprises in hotel industry 19 Competition in hotel industry 20. Development trend of hotel industry Selected charts Latest statistics on tourism industry in China, 2006 Revenue of expo Distribution of expo industry in China Statistics of Beijing luxury hotels, Jan, 2006-Jun, 2006 Hotel market in China and the average income per room, 2005 Statistics on inbound travel to China, 2005 Statistics on domestic tourism, 2005 Revenue from domestic tourism, 2005 Domestic average expense (per capita) on tourism, 2005 Inbound travelers staying overnight, 2004-2006 Numbers of domestic travelers, 2004-2006 Total revenues from tourism, 2004-2006 Expos held in China every year Operation of catering market in H1, 2006 Average expense per capita on catering in China, 2006 Rooms available for guests in different star-level hotels (by management style), 2003-2006 ADR classification (star-level/ management) of sampled guest rooms, 2003-2006 OCC classification (star-level/ management) of sampled guest rooms, 2003-2006 Actual occupancy rooms in different star-level hotels (by management style), 2003-2006 Accommodation rate in different star-level hotels (by management style), 2003-2006 Income from foodstuff for different star-level hotels (by actual occupancy room), 2003-2006 Income from beverage for different star-level hotels (by actual occupancy room), 2003-2006 Income from water therapy and health care in different star-level hotels (by actual occupancy room), 2003-2006 Profit from water therapy and health care in different star-level hotels (by actual occupancy room), 2003-2006 Guest structure of St. Regis Hotel Shanghai Chain hotels in China, 2006-2010 Bed price of budget hotels in Shanghai The number of five-star, four-star, three-star and two-star hotels in China The number of each star-level hotel in Beijing Consumption gaps between males and females Consumption of people at different ages Consumption of people with different education background Domestic tourists comments on accommodation conditions, 2006 Domestic tourists comments on traffic, 2006 Domestic tourists comments on food and beverage, 2006 Domestic tourists comments on entertainment, 2006 Domestic tourists comments on shopping, 2006 Domestic tourists comments on guides, 2006 Comparison between star-level hotels and non star-level hotels Total hotel beds in Shanghai and the disparity with the demands in World Expo Structure of inbound travelers to Guangzhou Average room price of three-star hotels and budget hotels, 2005 Average profit per room of three-star hotels and budget hotels, 2005 Average room price of three-star hotels four star hotels and five star hotels, 2005 Companies Mentioned: -Hilton -Marriott -Shangri-La Hotel -Huatian Hotel -Jinjiang Group -Dongfang Hotel -Jinling Hotel -Xindu Hotel For more information visit http://www.researchandmarkets.com/research/d0194d/china_hotel_market CONTACT: Laura Wood, Senior Manager, Research and Markets Fax: +1 646 607 1907 (US) Fax: +353 1 481 1716 (Rest of World) e-mail: [email protected] ((M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to [email protected])). Copyright ? 2008 M2 Communications Ltd. |