In 2022, budget hotels occupied the largest share of the hotel market in first-tier cities in China, accounting for nearly 37 percent. Mid-end hotels and mid-to-high-end hotels ranked second and third with around 25 percent and ten percent market share respectively. In 2022, the top three hotel brands in first-tier cities were Hanting Hotel, 7 Days Hotel, and Home Inn.
Breakdown of hotel market in first-tier cities in China in 2022, by hotel category
According to the source, high-end hotels are five-star standard hotels and above; mid-to-high-end hotels are four-star standard hotels; mid-end hotels are three-star standard hotels; budget hotels are two-star and standard hotels and below.
First-tier cities here refer to Beijing, Shanghai, Guangzhou, and Shenzhen.
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Cushman & Wakefield. (October 27, 2022). Breakdown of hotel market in first-tier cities in China in 2022, by hotel category [Graph]. In Statista. Retrieved October 06, 2024, from https://www.statista.com/statistics/1343943/china-hotel-market-share-in-first-tier-cities-by-type/
Cushman & Wakefield. "Breakdown of hotel market in first-tier cities in China in 2022, by hotel category ." Chart. October 27, 2022. Statista. Accessed October 06, 2024. https://www.statista.com/statistics/1343943/china-hotel-market-share-in-first-tier-cities-by-type/
Cushman & Wakefield. (2022). Breakdown of hotel market in first-tier cities in China in 2022, by hotel category . Statista. Statista Inc.. Accessed: October 06, 2024. https://www.statista.com/statistics/1343943/china-hotel-market-share-in-first-tier-cities-by-type/
Cushman & Wakefield. "Breakdown of Hotel Market in First-tier Cities in China in 2022, by Hotel Category ." Statista, Statista Inc., 27 Oct 2022, https://www.statista.com/statistics/1343943/china-hotel-market-share-in-first-tier-cities-by-type/
Cushman & Wakefield, Breakdown of hotel market in first-tier cities in China in 2022, by hotel category Statista, https://www.statista.com/statistics/1343943/china-hotel-market-share-in-first-tier-cities-by-type/ (last visited October 06, 2024)
Breakdown of hotel market in first-tier cities in China in 2022, by hotel category [Graph], Cushman & Wakefield, October 27, 2022. [Online]. Available: https://www.statista.com/statistics/1343943/china-hotel-market-share-in-first-tier-cities-by-type/
