China Has Now Become One of the World's Most Attractive Destinations for Tourists, Which Means Great Opportunities for the Development of Hotels.DUBLIN Dublin, city, Republic of Ireland Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River. , Ireland Ireland, Irish Eire (âr`ə) [to it are related the poetic Erin and perhaps the Latin Hibernia], island, 32,598 sq mi (84,429 sq km), second largest of the British Isles. -- Research and Markets (http://www.researchandmarkets.com/reports/c49181) has announced the addition of "China Hotel Market Report, 2006-2007" to their offering. After twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. of rapid growth in the economy, China has now become one of the world's most attractive destinations for tourists, which means great opportunities for the development of hotels. China, along with its entry into WTO See World Trade Organization. , will further open its tourism market; meanwhile, the negative affects from excessive expansion in the 90's have been gradually digested by the market and the hotel industry is recovering. A new investment peak in the hotel industry appeared in the 2004-2005 period: international hotel groups surged into the Chinese Chinese, subfamily of the Sino-Tibetan family of languages (see Sino-Tibetan languages), which is also sometimes grouped with the Tai, or Thai, languages in a Sinitic subfamily of the Sino-Tibetan language stock. market on a large scale while domestic hotels reacted harshly. China had 120.29 million inbound in·bound 1 adj. Bound inward; incoming: inbound commuter traffic. Adj. 1. inbound travellers in 2005, increasing by 10.3% over 2004. Over 46.81 million of the inbound travellers stayed overnight, increasing by 12.1%. With further execution of reform and open policy, the national economy will continue to develop rapidly and peoples living standard will also improve. China is pacing up towards internationalization The support for monetary values, time and date for countries around the world. It also embraces the use of native characters and symbols in the different alphabets. See localization, i18n, Unicode and IDN. internationalization - internationalisation , for example the Beijing Olympic Games Olympic games, premier athletic meeting of ancient Greece, and, in modern times, series of international sports contests. The Olympics of Ancient Greece Although records cannot verify games earlier than 776 B.C. , Shanghai Shanghai (shăng`hī`, shäng`hī`), city (1994 est. pop. 12,980,000), in, but independent of, Jiangsu prov., E China, on the Huangpu (Whangpoo) River where it flows into the Chang (Yangtze) estuary. World Expo and Guangzhou Asian Sports Meeting are to be held soon, all of those factors are creating a good environment for hotel industry development in China. Generally speaking, the hotel industry shows a strong momentum in China. IBFCMF of all five-star hotels in China increased by 42%; as for four- and three-star hotels, the increase rate was 52% and 24% separately. Particularly, IBFCMF for foreign funded five- and four-star hotels realized better increase rate, which shared 43% and 35% of their total revenue respectively. Five-star hotels in Shanghai set the highest record with IBFCMF sharing 48% of the total revenue, followed by Sanya (47%) and Beijing (40%). In addition, the guest room sector earned the most for five-star hotels, accounting for 55% of the total revenue while only taking 11% of the total expenditure. In contrast, 35% of the revenue came from catering sector, but shared 22% of the total expenditure. Topics Covered: -Investment circumstance in hotel industry -Factors that affect the investment and development in hotel industry -Current development of China hotel industry -Incentives from related industries -Operation analysis of hotel industry, 2005-2006 -Statistic indexes of China hotel industry -Commercial hotels -Holiday hotels -Budget hotels -Property hotels -Theme hotels -Green hotels -Consumption status of hotels in China -Beijing Hotel market -Shanghai hotel market -Guangzhou hotel market -Shenzhen hotel market -Major enterprises in hotel industry -Competition in hotel industry -Development trend of hotel industry Companies Mentioned: -Hilton -Marriott -Shangri-La Hotel -Huatian Hotel -Jinjiang Group -Dongfang Hotel -Jinling Hotel -Xindu Hotel For more information, visit http://www.researchandmarkets.com/reports/c49181 |
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