Tourism News Share wonderful travel information

booking

Chinese star-rated hotels generate 52.58 billion yuan in Q4 2018

2019/7/30 10:17:58
Some 9,760 out of the 10,375 star-rated hotels, or 94.06% of the hotels registered in China's national star-rated hotel management system,reported their operation data for the fourth quarter of 2018.
A total of 8,824 star-rated hotels passed the evaluation of provincial tourism administrations. Among those, 54 were one-star hotels, 1,457 two-star hotels, 4,209 three-star hotels, 2,315 four-star hotels and 807 five-star hotels.
The 8,824 star-rated hotels generated total revenues of 52.83 billion yuan in the fourth quarter, of which F&B incomes constituted 21.57 billion yuan, or 41.02%of total revenues, and room incomes totaled 23.25 billion yuan, or 44.22%.
In Q4 2018, the average room rate (ARR) of all star-rated hotels was 356.34 yuan per room night, up by 1.17%. The average occupancy rate (AOR) was 57.43%, down by 0.50%; revenue per available room (RevPAR) was 204.63 yuan, up by 0.66%; and the average operating income per room was 38,385.26 yuan, down by 2.38%.
Seven municipalities and provinces reported higher ARRs than the national average, and Shanghai ranked top with ARR of 795.64 yuan per room night, followed by Beijing, Hainan, Guangdong and Tianjin.
Eleven municipalities and provinces saw higher than the national average AOR. Beijing, Shanghai, Hainan, Fujian and Hunan were in the top five.The AOR of Beijing’s hotels was 67.58%.
Author:

Prev: TravelPerk offers nearly full refunds to corporate travelers who cancel

Next: China sees growing parent-child tourism

Back

Wanda Realm Hefei traffic info

Business zone:Binhu Century City / Binhu Convention and Exhibition Center / International Finance Center
Area:baohequ
Address:Anhui · Hefei · baohequ - No. 301 Nanning East road, Binhu district, Baohe District, Hefei, China

Wanda Realm Hefei reserve:400 862 8088 (CouponCode:78473) Busy or no answer, online booking please!
Catering Entertainment:0551-62939999   Meeting room reserve

Wanda Realm Hefei address: No. 301 Nanning East road, Binhu district, Baohe District, Hefei, China

合肥万达嘉华酒店Wanda Realm Hefei Sitemap