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Big accommodation Author of this article: STR Global 2015-10-16
China’s hotel performance returned to ideal in 2015,The demand for leisure vacations has increased significantly,But a large amount of new supply,The slowdown 188bet Online Sports Betting and Casino in economic growth and the reduction in government consumption,Still putting pressure on China’s market。
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The beginning of 2015 to August,All regions around the world have improved to varying degrees。North America and Europe continue strong growth,Income per available room shows 6.7% and 4.6% increase。Due to the large amount of new supply in the Middle East,The region’s RevPAR fell by 2% in the first eight months of 2015.6%。Revenue per available room in Asia Pacific decreased by 0 compared to the same 188bet app download period last year.2%,But there are differences in hotel performance within the region。

In Asia Pacific,Due to various reasons,The performance of some regions has declined。Indonesia due to reduced government consumption;Seoul due to MERS influenza attack;Hong Kong is affected by the slowdown in China’s economic growth、Reduced government consumption and political influences。Also,Thailand’s performance has recovered rapidly since the political incident in Bangkok last year,Bangkok’s occupancy rate has changed by more than 30% year-on-year from the beginning of the year to August。Japan and Australia benefited from the large number of new tourist arrivals brought by low exchange rates。

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China’s supply growth continued to decline from 2012 to 2015,However, some markets still inhibit the growth of performance due to excessive supply。After experiencing slowdown in demand growth in 2013,First-tier cities began to recover in 2014,More markets will see performance recovery in 2015,The 12-month 188bet online sports betting moving average of revenue per available room showed positive growth for the first time。

Shanghai market experienced financial crisis、After the fluctuation of government consumption reduction after the World Expo,Performance has continued to recover since 2014,Until August 2015,Shanghai’s revenue per available room has increased for 19 consecutive months。

Beijing is the first-tier city most affected by the reduction in government consumption,Both occupancy rates and average room rates declined in 2013,The drop in demand from hotel teams is particularly pronounced。Beijing hotel performance continued to recover in 2014 driven by leisure tourism,The average house price stopped the downward trend in 2015。

Although the growth rate of new supply has slowed down,But there are still a large number of projects under construction in Sanya and Chengdu。

China’s hotel performance returned to ideal in 2015,The demand for leisure vacations has increased significantly,But a large amount of new supply,The slowdown 188bet Online Sports Betting and Casino in economic growth and the reduction in government consumption,Still putting pressure on China’s market。


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