Hotel industry market size in China 2013-2020

Published by Agne Blazyte, Nov 18, 2022
In 2020, the market size of the hotel industry in China was estimated to reach approximately 460.6 billion yuan. Due to the coronavirus pandemic, revenues of the hotel sector were estimated to decrease by around 31.4 percent that year.

Market value of the hotel industry in China from 2013 to 2019 with an estimate for 2020 (in billion yuan)

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Release date

January 2021

Region

China

Survey time period

2013 to 2020

Supplementary notes

*Estimate.

One yuan equals approximately 0.15 U.S. dollars and 0.13 euros (as of March 2021).

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