China Hotel Market Set for a Tourism-Led Boom Through 2033. AI-Generated.
China Hotel Market: Size, Growth, and Outlook
China’s hotel industry is entering a powerful new growth phase, supported by a resurgence in travel, rising incomes, and continuous infrastructure development. According to Renub Research, the China Hotel Market is expected to reach US$ 170.40 billion by 2033, up from US$ 83.63 billion in 2024, registering a compound annual growth rate (CAGR) of 8.23% from 2025 to 2033.