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China Saw a Blip in Its Hotel Recovery But Mostly Due to Supply and Demand

Cameron Sperance

Photo Credit: Hotel occupancy briefly dipped in China (pictured: Beijing) earlier this month, but analysts caution this isn't a sign of slowing travel demand. Flickr / Sam Gao

Skift Take

There have been hotel occupancy dips and rapid accelerations in China, but underlying data shows the country is still leading the world in the race toward a full economic recovery from the pandemic.

China continues to be the hotel industry’s biggest pandemic recovery success story, as companies like Marriott anticipate revenue there could be back to 2019 levels as early as next year. While China’s hotel occupancy recovery still shows signs of occasional volatility, experts aren’t as concerned with the rare drop-off in numbers in China as in other parts of the world. “Occupancy is not that bad considering what’s going on right now,” said Jing Yang, a professor at New York University’s Jonathan M. Tisch Center of Hospitality. “More hotels are opening up, and I do think the increase in supply does play a role in [some occupancy dips].”

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Hotel occupancy rates in China were just shy of 60 percent the week ending October 3, according to STR. That’s down more than 13 percent from the same time

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