Motels in China - IBISWorld Industry Market Research

Motels in China

Motels in China - IBISWorld Industry Market Research
Motels in China
Published Oct 09, 2014
25 pages — Published Oct 09, 2014
Price US$ 660.00  |  Buy this Report Now

About This Report

  
Abstract:

Industry revenue for the Motel industry in China is expected to decrease 3.8% in 2014 to $21.3 billion. Annualized growth over the past five years is estimated at 0.9%. There are about 70,300 motel establishments and employing about 2.1 million people with an estimated payroll of $3.73 billion in China.

Currently, this industry accounts for about 33.0% of China's accommodation sector. Half of the sector's revenue is generated by hotels (IBISWorld industry report 6610), which provide higher quality services and surroundings than motels. The ongoing establishment of hotel chains and family hotels has intensified competition and reduced the size of China's Motel industry.

The Motel industry in China provides low-priced accommodation. In China, hotels without star ratings are called motels.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

  
Source:
Document ID
6620
Country
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PDF Adobe Acrobat
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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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Cite this Report

  
MLA:
IBISWorld Industry Market Research. "Motels in China" Oct 09, 2014. Alacra Store. Dec 08, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Motels-in-China-2042-1918>
  
APA:
IBISWorld Industry Market Research. (2014). Motels in China Oct 09, 2014. New York, NY: Alacra Store. Retrieved Dec 08, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Motels-in-China-2042-1918>
  
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