Upscale and Upper Midscale Chain Scales Reach New Highs as China’s Construction Pipeline Grows
Hospitality Net
MAY 14, 2024
Lodging Econometrics’ (LE’s) Q1 2024 Hotel Construction Pipeline Trend Report reveals steady growth in China’s construction pipeline, with 3,775 projects encompassing 695,212 rooms. The total pipeline in the country continues to expand, increasing 3% by projects and 2% by rooms year-over-year (YOY).
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