Shenzhen Hospitality

Asian Cities

1H 2014

 

Market overview
Shenzhen, as one of China’s Special Economic Zones, serves as an important economic and international trade centre in southern China. Due to its proximity to Hong Kong, Shenzhen is often thought of as China’s window to the world.

As its economy developed, Shenzhen’s hospitality industry experienced substantial growth. According to the Shenzhen Statistics Bureau, the number of tourists entering the city has grown by a CAGR of 10% between 2005 and 2012, receiving 12.1 million international overnight visitors and 29.4 million domestic visitors in 2012, up 9.2% and 11.9% respectively year-on-year (YoY).

 
 

Key contacts

Simon Smith

Simon Smith

Senior Director
Research & Consultancy

kamaco Two Exchange Square

+852 2842 4573

 

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