Hotels Recovery Guide
With China’s relatively quick containment of the virus, green shoots are gradually appearing in hotel markets in Mainland China. Hotel trading performances in select markets have recorded a pick-up in recent months, driven by strong domestic leisure and select corporate travel. Drive-to leisure and coastal destinations such as Sanya are expected to lead the recovery.
In this short guide covering Hong Kong, Beijing, Shanghai and Sanya, we look back at the health of the tourism and hospitality sectors prior to COVID-19; assess the impact of the global pandemic and weigh-in on the potential recovery, as well as the hotel investment landscape as the market continues to recover.