Roundup

Q3 REVENUE

Chinese star-rated hotels brought in total revenue of 49.28 billion yuan ($7 billion) in the third quarter of 2019, according to a report released by the Ministry of Culture and Tourism. Of the earnings, room sales totaled 23.55 billion yuan while catering income constituted 18.86 billion yuan, accounting for around 48 percent and 38 percent of the total revenue, respectively. According to the report, the number of star-rated hotels in China that are verified by provincial culture and tourism authorities hit 8,077, including 799 five-star hotels, as of Sept 30.

NEW GUIDELINES

The Beijing Culture and Tourism Bureau released guidelines in late December promoting rural tourism in suburban areas. The guidelines clarify requirements and approval processes for new rural homestays and encourage the renovation and construction of high-end hotels in suburbs. There are 710 special tourism service providers including fruit picking allotments, fishing cabins and wine chateaus in Beijing's rural areas, according to the bureau.

ISLAND RESORT

More than 83 million tourists from home and abroad visited southern China's tropical island province of Hainan in 2019, up 9 percent year-on-year, local authorities said on Thursday. Hainan's tourism revenue went up 11 percent over the previous year to 105 billion yuan ($15 billion) last year, according to government data. In 2019, the province received 1.42 million overseas tourists, up 12.4 percent year-on-year.