Hotels current value sales fell by 19% in 2015 due to a sharp decline in demand for luxury hotels. According to the Tourism Board, inbound mainland China visitor numbers decreased by 3% year-on-year in 2015 while inbound visitors from other countries did not pick up the slack. This had a significant impact on hotels as mainland visitors had been the mainstay of hotels and luxury hotels in particular over the last decade.
Euromonitor International's Lodging in Hong Kong, China report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest market size data 2011-2015, allowing you to identify the sectors driving growth. It identifies the leading companies and offers strategic analysis of key factors influencing the market - be they new legislative, technology or pricing issues. Background information on disposable income, annual leave and holiday taking habits is also included. Forecasts to 2020 illustrate how the market is set to change.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
Get a detailed picture of the Lodging market;
Pinpoint growth sectors and identify factors driving change;
Understand the competitive environment, the market’s major players and leading brands;
Use five-year forecasts to assess how the market is predicted to develop.
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