In 2023, hotels above designated size in China financed from Hong Kong, Macao or Taiwan generated a revenue of approximately 32.8 billion yuan. In comparison, foreign capital hotels reported revenue of only 17.3 billion yuan that year.
Revenue of hotel enterprises above designated size in China in 2023, by funding source
(in billion yuan)
One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of November 2024).
Hotel enterprises above designated size refers to hotels or hotel companies with an annual revenue from their main business of two million yuan or above.
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National Bureau of Statistics of China. (October 15, 2024). Revenue of hotel enterprises above designated size in China in 2023, by funding source (in billion yuan) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/277108/hotel-business-revenue-in-china-by-source-of-funding/
National Bureau of Statistics of China. "Revenue of hotel enterprises above designated size in China in 2023, by funding source (in billion yuan)." Chart. October 15, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/277108/hotel-business-revenue-in-china-by-source-of-funding/
National Bureau of Statistics of China. (2024). Revenue of hotel enterprises above designated size in China in 2023, by funding source (in billion yuan). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/277108/hotel-business-revenue-in-china-by-source-of-funding/
National Bureau of Statistics of China. "Revenue of Hotel Enterprises above Designated Size in China in 2023, by Funding Source (in Billion Yuan)." Statista, Statista Inc., 15 Oct 2024, https://www.statista.com/statistics/277108/hotel-business-revenue-in-china-by-source-of-funding/
National Bureau of Statistics of China, Revenue of hotel enterprises above designated size in China in 2023, by funding source (in billion yuan) Statista, https://www.statista.com/statistics/277108/hotel-business-revenue-in-china-by-source-of-funding/ (last visited November 21, 2024)
Revenue of hotel enterprises above designated size in China in 2023, by funding source (in billion yuan) [Graph], National Bureau of Statistics of China, October 15, 2024. [Online]. Available: https://www.statista.com/statistics/277108/hotel-business-revenue-in-china-by-source-of-funding/
