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China's Luxury Hotels Thrive Amid Rising Foreign Tourism

3/25/2026

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Story summary
  • China's luxury hotels are expanding due to rising inbound tourism and foreign business travel.
  • Yong Chen, associate professor at EHL Hospitality Business School, says visitor spending can significantly boost revenue.
  • The Hongkong and Shanghai Hotels reports more overseas guests, especially at The Peninsula Hotels in Beijing and Shanghai, aided by visa-free policies.
  • The Peninsula Beijing now hosts a balanced mix of domestic and international guests.