Hotel Trends in China 2013

By On 10th July 2013

Horwath HTL China’s Area Director Nigel Summers has written an update on the Chinese hotel market.

“Huge Supply… Some Easing, Some Not: The huge amount of new supply entering many markets in China is well known. There are several markets where the pipeline of new properties shows no signs of stopping and these are going to experience distress and most likely increased disputes being owners and operators. However, for a number of cities, the supply onslaught is reaching its peak and as it gradually recedes, the substantial demand growth that China’s hotel sector exhibits should lead to quite quick market recoveries over a 2 to 5 year period.”

Follow us

Friend me on FacebookFollow me on TwitterFollow my company on LinkedIn

Copyright 2017 Horwath HTL Limited. All rights reserved.

Crowe Horwath International is a leading international network of separate and independent accounting and consulting firms that may be licensed to use "Crowe," "Crowe Horwath" or "Horwath" in connection with the provision of accounting, auditing, tax, consulting or other professional services to their clients. Crowe Horwath International itself is a nonpracticing entity and does not provide professional services in its own right. Neither Crowe Horwath International nor any member is liable or responsible for the professional services performed by any other member.