The latest research report shows，China’s domestic 188bet sports betting accelerating its recovery，Hotel asset investment activity expected to rebound in early 2021。With the effective prevention and control of the epidemic in China and the opening of inter-provincial tourism，Conferences, exhibitions and medium- and long-distance leisure travel have shown signs of recovery，Promoting the recovery of the hotel industry。The "Road to Recovery of the Hotel Industry" report released by Jones Lang LaSalle on the 8th pointed out，Hotel occupancy rates have rebounded significantly in major markets such as Sanya and Shanghai，At the same time, cross-border travel is still restricted，Domestic leisure travel demand will further increase in the short term。

As of July，Sanya high-end 188bet sports betting occupancy rate reaches 78.6%，Exceeded the pre-epidemic level；In Shanghai，This number has also shown a continuous growth trend since March，and reached 55 in July.3%。Said Chen Lingwei, Vice President of the 188bet sports betting and Tourism Real Estate Investment Consulting Department of Jones Lang LaSalle Greater China，Thanks to China’s effective control of the epidemic，The domestic 188bet sports betting industry began to show signs of recovery in the second quarter。As international travel is still restricted，The backlog of travel demand is being released again，Resulting in a significant increase in demand for leisure travel, mainly domestic tourists，The 188bet sports betting market in popular destinations represented by Sanya is showing a rapid recovery trend，The occupancy rate has exceeded the level of the same period last year。This also enhances the confidence of owners and investors in the future market。

2019，Mainland China 188bet sports betting transaction volume reaches 14.3 billion yuan，Accounts for about 15% of the total transaction value of the 188bet sports betting industry in Asia Pacific，Becoming the second most active market in Asia Pacific。This year，Although the epidemic has brought short-term uncertainty to the market，However, the domestic 188bet sports betting transaction market is still performing steadily。First half of 2020，Shanghai 188bet sports betting transaction volume totals 4.1 billion yuan，Nearly 60% year-on-year growth，Beijing’s transaction volume decreased by more than 80% year-on-year，But considering its solid economic foundation，Investor interest is expected to remain strong，Overall trading activity will also rebound in early 2021。

JLL estimated，The investment interest of foreign capital will continue to grow in the future，Foreign investors are expected to continue to focus on value-added opportunities in old or underperforming 188bet sports betting properties，Via Acquisition、Renovate or renovate to increase asset value。

Also，“Staycation” will promote the recovery of the 188bet sports betting market: “Staycation” is a new word that has become popular since the beginning of this summer，“Stay” + “Vacation” means giving up long-distance travel and choosing a resort-style 188bet sports betting with family or friends，The rapidly growing demand for local leisure tourism under this model will also boost the short-term recovery of the 188bet sports betting market。Long term，The luxury and ultra-high-end 188bet sports betting segments in popular destination cities for Staycation are also expected to show a greater rebound。

*Source of this 188bet sports betting：China News Network, author: Yan Xiaohong, original title:《China’s 188bet sports betting accelerating its recovery and hotel investment is expected to rebound in early 2021》.