Market Share of Hospitality Industry in China
The rising younger generation is reshaping the hospitality industry in China. This influential generation is driving the domestic travel market, which accounts for a great share of the hospitality industry. In order to cope with the preferences of the millennial population, the key players in the hospitality industry are opting for technological upgrading of their properties throughout the country. InterContinental Hotels Group has teamed up with Baidu and is introducing artificial intelligence-supported smart rooms in China. Likewise, Marriott International also teamed up with China's Alibaba Group Holding to launch facial recognition technology for check-ins. Major players such as Beijing Zhiyuan International Travel Agency Co. Ltd., Emei Shan Tourism Co. Ltd., Expedia Group Inc., Guangdong International Hotel Management Holdings Ltd., Huangshan Tourism Development Co. Ltd., Huazhu Group Ltd., and others have a significant presence in the hospitality industry in China.
China Hospitality Market Leaders
Beijing Zhiyuan International Travel Agency Co. Ltd.
Emei Shan Tourism Co. Ltd.
Expedia Group Inc.
Guangdong International Hotel Management Holdings Ltd.
Huangshan Tourism Development Co. Ltd.
Huazhu Group Ltd.
*Disclaimer: Major Players sorted in no particular order
