China Hotel Market Share, Impact of COVID-19, Company Analysis and Forecast 2021-2027
China was the first country hammered by the health crisis (COVID-19), so the China Hotel Industry was the first to see the outcome. With strict travel constraints in various parts of the Chinese mainland, the hotel business was severely staggered in the absence of inbound tourists in 2019. However, during the year 2020, China saw turbulence for China hotel industry from "the dark moment" to "the glowing moment". Though the current international epidemic situation is still severe, the country has entered a normalization stage of epidemic prevention.