China is home to one of the fastest rising hospitality markets on the face of the planet, and there are a number of exciting projects there in cities spread throughout the country.
According to information from the TOPHOTELCONSTRUCTION database, one of the most active markets within China for 2018 is Shanghai. While larger cities such as Beijing and Hong Kong have for years taken the spotlight in China, this year stands to be a bit different. Not only is Shanghai booming with a grand total of 51 projects in its hotel construction pipeline, but other up and coming cities such as Chengdu and Sanya are also looking to have a big year.
To put this in perspective, one must only look at the number of projects that are currently in the pipeline for those cities. Shanghai has 51, while Chengdu has 31 and Sanya to the far south has 25. This, however, is not an entirely tangible way to envision the growth in these markets. This is why today we’d like to take a look at some of the specific projects to be excited about for 2018.
China Hotel Projects for 2018
Hilton Hainan Ocean Flower Island (Top Image)
This Sanya hotel will have 505 rooms once it is completed, and it will be located in the beautiful Clearwater Bay area, where forest coverage is estimated to be as high as 56 percent. The projected total cost for this project is $100 million.
Hilton Shanghai Xintai (Bottom Image)
This hotel is being developed by Shanghai Xintai Real Estate, and it is already under construction. It’s a new building that will feature a luxury hotel project by Shanghaiwan, and once it is completed it will have an overall price tag of $116 million. The total number of rooms is 586, and the completion date for this new Shanghai hotel is during the second quarter of 2018.
This new hotel in Sanya is one of the closest on our list to opening. It’s projected debut will be made in the second quarter of 2018. When it does open its doors to guests, it will have a whopping total of 1,300 rooms available to its visitors. This stylish hotel, which has a total price tag of $258 million, is a part of the Ocean Park of Sanya. This means that it will likely become a leading destination for people to spend their holidays.
The W Retreat & Spa Sanya Haitang Bay is yet another project for sunny Sanya. This one will have 450 rooms total, and an overall price tag of $89 million. This will be a luxurious and in-demand property, where most of the guest rooms will feature panoramic views of the ocean.
The final property on our list is another Shanghai hotel, this one set to open in the third quarter of 2018. When it does make its debut, it will have 400 rooms for guests and a convenient location near Disneyland Shanghai.