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.