As of the second quarter of 2018, the average daily rate (ADR) of 5-star hotels in China's first-tier cities was 1.6 percent points higher than the three-year average rate. The first-tier cities also host more 5-star hotels due to the high demand.
Change in occupancy rate of 5-star hotels in Chinese cities as of 2nd quarter of 2018 compared to the three-year average, by city tier
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Savills. (February 18, 2019). Change in occupancy rate of 5-star hotels in Chinese cities as of 2nd quarter of 2018 compared to the three-year average, by city tier [Graph]. In Statista. Retrieved December 26, 2024, from https://www.statista.com/statistics/1045210/china-5-star-hotel-occupancy-compared-to-three-year-average-by-city-tier/
Savills. "Change in occupancy rate of 5-star hotels in Chinese cities as of 2nd quarter of 2018 compared to the three-year average, by city tier." Chart. February 18, 2019. Statista. Accessed December 26, 2024. https://www.statista.com/statistics/1045210/china-5-star-hotel-occupancy-compared-to-three-year-average-by-city-tier/
Savills. (2019). Change in occupancy rate of 5-star hotels in Chinese cities as of 2nd quarter of 2018 compared to the three-year average, by city tier. Statista. Statista Inc.. Accessed: December 26, 2024. https://www.statista.com/statistics/1045210/china-5-star-hotel-occupancy-compared-to-three-year-average-by-city-tier/
Savills. "Change in Occupancy Rate of 5-star Hotels in Chinese Cities as of 2nd Quarter of 2018 Compared to The Three-year Average, by City Tier." Statista, Statista Inc., 18 Feb 2019, https://www.statista.com/statistics/1045210/china-5-star-hotel-occupancy-compared-to-three-year-average-by-city-tier/
Savills, Change in occupancy rate of 5-star hotels in Chinese cities as of 2nd quarter of 2018 compared to the three-year average, by city tier Statista, https://www.statista.com/statistics/1045210/china-5-star-hotel-occupancy-compared-to-three-year-average-by-city-tier/ (last visited December 26, 2024)
Change in occupancy rate of 5-star hotels in Chinese cities as of 2nd quarter of 2018 compared to the three-year average, by city tier [Graph], Savills, February 18, 2019. [Online]. Available: https://www.statista.com/statistics/1045210/china-5-star-hotel-occupancy-compared-to-three-year-average-by-city-tier/
