China Hotel Market Analysis
The China hotel market is projected to reach US$ 157.46 billion by 2032, up from US$ 77.27 billion in 2023. This represents a compound annual growth rate (CAGR) of 8.23% between 2024 and 2032. The boom in China's hotel sector is driven by urbanization, economic growth, and increased domestic and foreign travel. Demand is further fueled by increased disposable...
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