According to the latest China Construction Pipeline Trend Report from Lodging Econometrics (LE), China’s total hotel construction pipeline reached a new all-time high by projects for the second quarter in a row at Q4 2023. With a 6% year-over-year (YOY) increase in projects and a 2% YOY increase in rooms, the country’s total pipeline ended the year at 3,788 projects with 691,772 rooms.
IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, is paving the way for exciting developments in 2024. After a significant revival in Greater China’s cultural and tourism industry in 2023, IHG anticipates strong consumption of energy and market confidence in the new year. As an industry leader, IHG is exploring both preferred and emerging destinations in the region under its “True Hospitality for Good” vision.
Chinese New Year this year falls on February 10th and is considered one of the largest annual tourism events in the world. Tens of millions of travelers across the country take a trip to see family, enjoy cultural highlights and make the most of the celebrations, generating hundreds of billions of yuan for travel sellers, providers and intermediaries.
Hangzhou Trade and Tourism Group (“HTTG”), Zhejiang Dragon Hotel Management Group Co., Ltd (“The Dragon Group”) and Hyatt Hotels Corporation (NYSE: H) today announced that affiliates of the three parties entered into a strategic cooperation agreement. The cooperation aims to drive the expansion of hotels under Hyatt’s distinguished Independent Collection and select service brands in China and foster the strategic development of The Dragon Group and its hotel brands. On the same day, it was announced that The Dragon Group was acknowledged by Hyatt as a third-party management company for franchised hotels across Hyatt’s portfolio under Independent Collection and select service brands within the territory of China.
The popular, family-friendly brands will create a vibrant dual-branded resort complex at the tropical paradise on Haina Island.
As Chinese New Year approaches, hoteliers in Greater China should prepare for a welcome surge in visitors. Unique forward-looking hotel booking data from Amadeus shows high demand for travel across various cities for the upcoming holiday period which runs February 10-17th.
Marriott International and Delonix Group, one of the leading China-based hospitality companies, today announced a long-term cooperation agreement under which the two companies will work together to grow Marriott's Tribute Portfolio brand in mainland China. The Delonix portfolio currently includes ten hotel brands with over 1,400 hotels open or in the development pipeline. The parties anticipate that at least 100 properties could become part of the Tribute Portfolio over the coming years.
Leading global hospitality company Hilton (NYSE: HLT) has announced the grand opening of its landmark 600th hotel in the Greater China region, Hilton Nanjing Niushoushan. This milestone signifies Hilton’s robust presence in Greater China, boasting 600 hotels in operation across over 200 destinations and 10 distinct brands, each tailored to meet the diverse needs of travelers.
Hilton Nanjing Niushoushan Celebrates Its Grand Opening.
Accor Greater China is pleased to share its latest initiative in creating more environmentally sustainable hotel experiences, by giving travelers the option to reduce their carbon impact while staying at Accor hotels in Greater China. Accor and Trip.com have introduced a new feature in the Trip.com booking app that allows travelers to make an eco-friendly choice while booking their stays at Accor hotels across Greater China. The new app option was inspired by the educational whitepaper that Accor, Trip.com, and McKinsey & Company released in 2023. One of the key findings was that Chinese travelers are open to traveling more sustainably if they have the support and tools to do so.
Marriott International, Inc., recently announced that it has signed an agreement with Beijing North Star Company Limited to open the third The Ritz-Carlton and the first Marriott Marquis Hotel in Beijing. Expected to open in 2026, The Ritz-Carlton Beijing, North will provide its legendary service and elegant design to travelers in and abroad, while Beijing Marriott Marquis Hotel will deliver a perfect blend of heartfelt service and modern style at China National Convention Center Phase II, a large complex with hotels, retails, offices, leisure facilities, and spacious venues for high-level conferences, exhibitions, and events.
Grand Mercure Chengdu East is located in the Western Financial Innovation Center, right in the core downtown of the Eastern New District of Chengdu. This is a gathering area for visitors and professionals in the area's centers of expertise in finance, commerce, art and technology. This new Grand Mercure hotel will be a beacon of hospitality among this thriving community, providing the brand's signature journey of the senses and fresh cultural perspectives.
Grand Mercure Yichang Waitan has an enviable location overlooking the Yangtze River, with close proximity to the Yichang's Three Gorges Dam tourist area. Yichang is keeping up with the modern economy by building a modern logistics center, while focusing on the growth of its service sector and high value-added industries.
Four Seasons, a global leader in luxury hospitality, in collaboration with the Hong Kong leading developer Sun Hung Kai Properties, announces the grand opening of Four Seasons Hotel Suzhou. This new Hotel is a testament to the strong partnership between the two, set to become a dazzling new landmark in Suzhou and the Yangtze River Delta region, redefining the paradigm of urban luxury resorts.
Hotel Okura Co., Ltd. is pleased to announce that it has signed an agreement to operate and manage Hotel Okura Suzhou in Suzhou, China from 2027. The agreement with Suzhou Ronghe Real Estate Co., Ltd., which is owned by Suzhou Harmony Development Group Co., Ltd., Marimo Holdings, Inc. and Sumitomo Corporation, was signed on December 20.
Combining Shanghai's historic charm and urban flair, the new Four Seasons Hotel will offer a distinct luxury hospitality experience with modern design, dynamic culinary concepts and resort-style amenities throughout.
Newest hotel offers a warm and enriching luxury experience with stunning design, thoughtful service and a holistic approach to well-beingJW Marriott Hotel Xi'an Southwest ExteriorJW Marriott Hotel Xi'an Southwest LobbyJW Marriott Hotel Xi'an Southwest Studio King Room.
Marriott International has recently been ranked top one Best Workplaces in Greater China™ 2023 by Great Place to Work®, recognizing the company’s “Putting People First” corporate culture and core values.
This second part of EHL Institutional Visibility’s three-part series on China looks into the long-awaited return of Chinese tourists. It also addresses shifting trends in Chinese travel. We turn to Dr Yong Chen, Associate Professor of Economics at EHL Hospitality Business School, for insights.
The St. Regis Qiandao Lake and AC Hotel by Marriott Qiandao Lake are slated to open in late 2026 in Zhejiang Province, Eastern China.