In 2019, the value added of the hotels and catering services sector was 1.80 trillion yuan($261.50 billion), up by 6.3 percent from 2018, according to NBS data.
In 2019, star-rated hotels in China brought in total revenue of over 190.7 billion yuan (about $27.5 billion), with room sales accounting for 42.49 percent and catering income covering 38.19 percent.
China has a total of 10,003 star-rated hotels registered, including 2,550 four-star and 4,888 three-star ones. The number of five-star hotels in China stood at 845 at the end of 2019, the Ministry of Culture and Tourism said. Among the star-rated hotels, 2,115 are State-owned and 204 are foreign-invested. Over 1.06 million people work for star-rated hotels in 2019.
Basic Conditions of Hotels and Catering Services |
4Q 2019 |
3Q 2019 |
2Q 2019 |
1Q 2019 |
Value-added of Hotels and Catering Services (the same quarter last year=100)
|
5,071.2 |
4,610.5 |
4,123 |
4,234.9 |
Value-added of Hotels and Catering Services, Accumulated (100 million yuan)
|
18,039.5 |
12,968.3 |
8,357.9 |
4,234.9 |