According to HVS’ China Hotel Investment Watch 2013, China’s economic development strategies for the future will include economic policies concerning people’s livelihood, fair distribution of social wealth, expansion of the middle class, and new-style urbanization.

In 2012, total visitor arrivals to China registered a year-on-year growth of 11.4 percent to reach approximately 3.1 billion. Some events impacting tourism demand in China include the opening of Beijing-Guangzhou High-Speed Railway, anticipation of tourism law, and the release of the Outline of the National Leisure Plan (2013–20).

As of 2012’s end, there were 11,706 star-rated hotels in China-including 654 5-Star hotels, 2,201 4-Star hotels, 5,545 3-Sstar hotels, and 3,306 1- and 2-Star hotels for a total of more than 1.57 million rooms. Between 2000 and 2012, the star-rated hotel room inventory in China increased rapidly at a compound annual growth rate of 10 percent.
