In 20 19, the total number of chain hotels and independent hotels in the world reached 886,900, including 699,000 independent hotels and 8.79 chain hotels/kloc-0. The epidemic situation of coronavirus pneumonia-19 has adversely affected the demand for business and leisure tourism, thus reducing the demand of the hotel industry. On the one hand, due to the epidemic, many companies canceled long-planned meetings, trade exhibitions and business meetings, and restricted personal and business travel during the epidemic. Employees and other stakeholders need to work from home and hold video conferences instead of face-to-face meetings. On the other hand, with the rapid escalation of the epidemic to a global epidemic, many countries have imposed restrictions on non-essential travel (such as leisure travel).

The global hotel industry is characterized by decentralized management. In 20 19, chain hotels accounted for about 4 1.5438+0% of the total hotel rooms. In particular, the penetration rate of hotel chains in China and Europe is lower than the world average. From 20 15 to 20 19, the total number of hotel rooms in the world has increased at a compound annual growth rate of 1.5%, which is mainly caused by the stability of macro-environment and the growth of tourism market. Due to the influence of coronavirus pneumonia-19, the global hotel supply is generally expected to continue to stagnate.

-For more data, please refer to the Analysis Report on the Development Prospect and Investment Strategic Planning of China Hotel Industry by Forward-looking Industry Research Institute.