Since the development of the Tianjin Binhai New Area and the Tianjin tourist industry is growing rapidly, the number of star-rated hotels in Tianjin sprung up like mushrooms.. Among the newly opened star-rated hotels, the five-star hotels account for 60%, the four-star hotels account for 30 % and the hotels with three-stars or below account for 10%. Currently, there are 36 five-star hotels, 44 four-star hotels and 65 hotels with three-stars or below in Tianjin.
Tianjin’s Senior hotel industry has formed a Guesthouse Hotel circle along the Haihe River and Nanjing Road . In the Guesthouse Hotel circle, there are many five-star hotels including Crystal Palace Hotel, Sheraton Tianjin Hotel, Renaissance Tianjin Hotel, Geneva Hotel, etc. And along the Haihe River and Nanjing Road circle is the Astor Hotel, St. Regis, Tianjin Golden Crown Hotel, Westin Hotel, Ritz-Carlton, Tianjin Center, etc. In Binhai New Area, is the Renaissance Tianjin Teda Hotel, Teda International Hotel, Holiday Inn, etc. In addition, many other districts in Tianjin have also attracted many five-star hotels to open there.
Now, there are more than 50 five-star and four-star hotels under construction in Tianjin. On one hand, we can see that the market’s attractiveness for the hotel industry in Tianjin has increased year by year. On the other hand, we can also see from the Occupancy rate of these hotels that the speed of building high-end hotels in Tianjin is too fast. Tianjin’s long-term tourism plan shows that by 2015, the total tourism revenue will reach CNY 300 billion with the annual growth rate reaching 16% and the number of tourists reaching 3.7 million. Between 2016 and 2020, the annual growth rate of Tianjin’s total tourism revenue will reach 14.6%. In the long-term, Tianjin is to have a prosperous market in the high-end hotel industry.
Since the development of the Tianjin Binhai New Area and the Tianjin tourist industry is growing rapidly, the number of star-rated hotels in Tianjin sprung up like mushrooms.. Among the newly opened star-rated hotels, the five-star hotels account for 60%, the four-star hotels account for 30 % and the hotels with three-stars or below account for 10%. Currently, there are 36 five-star hotels, 44 four-star hotels and 65 hotels with three-stars or below in Tianjin.
