China Hotel Market will be US$ 157.46 Billion by 2032

China Hotel Market will reach US$ 157.46 billion by 2032, up from US$ 77.27 billion in 2023, with a CAGR of 8.23% between 2024 and 2032. Urbanization, economic growth, and an increase in both domestic and foreign travel are the main drivers of China's hotel sector boom. Demand is boosted by increased disposable money, better infrastructure, and government