China is home to many of the world’s most popular hotels and resorts, and is now looking to bring the world into the 21st century with a hotel-supplies boom.
The country has seen an unprecedented growth in hotel occupancy over the past decade, and its rapid economic development has been seen as a boon to the sector.
The Chinese government is trying to get more people to stay in the country’s cities, which have seen a rise in demand for rooms.
Hotel owners are looking to boost demand by importing cheap hotel rooms to sell online and via online platforms such as Airbnb.
A hotel-services company is already on the ground in China, and the company says it will be able to increase the number of rooms available to Chinese visitors by 50 percent by 2020.
The company is called Shanghai Hotels, and it recently secured a contract to supply 50 million hotel rooms and 50 million meals to the country.
This is a major step forward in the industry, as hotel operators are already able to make money from their occupancy by selling their hotel rooms online, and then selling them on to customers.
Hotel operators are keen to expand their business in the next few years, and Shanghai Hotres has already secured contracts with a number of hotels in Shanghai and Shenzhen.
Hotels have long been a lucrative source of income for hotel owners, and many hotels have seen an increase in hotel room occupancy in recent years.
According to research firm BDO, occupancy of hotel rooms in China has reached 7 percent in 2020, with hotels seeing a 50 percent rise in the past year.
Hotres have also secured contracts to supply hotel rooms at more than 200 hotels across China, including five hotels in Beijing.
Hot hotels are already getting an influx of tourists, and are expecting to see an even larger growth in tourism as a result of the hotel boom.
In 2020, there were more than 100 million hotel guests, up from about 100 million in 2010.
The hotel industry is projected to generate a total of US$7 billion in hotel revenue in 2020.
Hot Resorts has already set up a hotel on the outskirts of Shanghai to serve as its base for future expansions.
In Shanghai, hotels are now competing with restaurants and other food chains for a share of the market.
“Hotels are the future of hospitality, and we are in the process of building a new generation of hoteliers,” said a senior Shanghai hotel executive.
According to the hotelier, it is too early to know whether or not hotels will make money off the increased occupancy, but there is a huge opportunity to make more money in the short term, and increase occupancy.
“The industry is going through a boom and there is room for hotels to grow by 25 percent or more over the next five years,” said the hotel executive, who declined to be identified because of the sensitivity of the topic.