Revenue of hotels above designated size in China 2023, by source of funding

Published by Agne Blazyte, Nov 19, 2024

In 2023, hotels above designated size in China financed from Hong Kong, Macao or Taiwan generated a revenue of approximately 32.8 billion yuan. In comparison, foreign capital hotels reported revenue of only 17.3 billion yuan that year.

Revenue of hotel enterprises above designated size in China in 2023, by funding source (in billion yuan)

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Release date

October 2024

Region

China

Survey time period

2023

Supplementary notes

One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of November 2024).

Hotel enterprises above designated size refers to hotels or hotel companies with an annual revenue from their main business of two million yuan or above.

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