Hot Spot
Country

China

China, with the largest population of the world, is in huge economic transformation due to the fastest-growing middle-class. Nowadays the number of middle-class people in China has reached 500 million and in 2020, this figure is expected to increase up to 1.75 billion. Declined growth in the real estate market and fixed asset investment has led to a notable change in the hotel industry. International luxury hotel chains are making more efforts to take advantage of the growing Chinese middle-class with luxury desires. Also, in these days, small luxury hotel or boutique hotel has gradually become popular in China, which is not as majestic and unified as large international chains, but draw consumers by their delicate and characteristic hotel culture. Indeed, hotel investors have become more sensitive to financial returns and thus have started to invest on select-service hotel products.

Photos
In the News

Top Hotel Companies and Brands in China's Hotel Construction Pipeline

PORTSMOUTH, NH -- According to Lodging Econometrics (LE), the top hotel companies in China's construction pipeline by project count are: Hilton Worldwide with 347 projects/80,532 rooms, InterContinental Hotels Group (IHG) with 296 projects/71,191 rooms, Marriott International with 283 projects/79,018 rooms, and AccorHotels with 141 projects/26,756 rooms.

Asia Pacific's Top Global and Regional Companies and Brands for Hotel Construction Excluding China

PORTSMOUTH, NH -- According to the most recent Asia Pacific Construction Pipeline Trend Report from Lodging Econometrics, the top global hotel companies in the Asia Pacific Construction Pipeline, excluding China, are: Marriott International with 204 Projects/48,003 Rooms, AccorHotels with 215 Projects/45,086 Rooms, InterContinental Hotels Group (IHG) with 122 Projects/28,186 Rooms, Hilton Worldwide with 82 Projects/17,750, and Best Western with 34 Projects/6,146 Rooms.

Asia Pacific's Top Countries and Cities for Hotel Construction Excluding China

PORTSMOUTH, NH -- According to analysts at Lodging Econometrics (LE), the top countries in the Asia Pacific Construction Pipeline, excluding China, by project count are: Indonesia with 394 Projects/66,154 Rooms, Japan with 228 Projects/46,356 Rooms, India with 206 Projects/33,501 Rooms, Malaysia with 137 Projects/36,244 Rooms and Thailand with 134 Projects/31,964 Rooms.