B2B drives market demand, with B2B spending representing 96.9% of total demand in 2023. 7 Days Group Holdings Ltd is the largest company in China, generating 32.1% of the industry’s total turnover value in 2023. The industry is concentrated, with the top five companies generating 74.7% of total production value in 2023. The total number of companies remains unchanged in 2023. The costs of the industry decrease by 5% in 2023, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 14.0% of turnover in 2023, the 17th highest regionally. With turnover of USD126 billion, China accounts for 48.9% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Hotels and Camping Sites in China: ISIC 551. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Hotels and Camping Sites in China: ISIC 551 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of hotels and camping sites and restaurants, bars and canteens.
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