The view from a hotel in Shanghai. Hotels in mainland China have seen revenues and occupancy decline during the pandemic. Photo: Handout
The view from a hotel in Shanghai. Hotels in mainland China have seen revenues and occupancy decline during the pandemic. Photo: Handout

China’s strict Covid-19 curbs a roadblock for growing investment in hotels sector

  • A record high construction of hotel rooms seen in the first quarter of this year is unlikely to continue, JLL executive says
  • China’s zero-Covid policy has largely decreased business activity, Knight Frank executive says

The view from a hotel in Shanghai. Hotels in mainland China have seen revenues and occupancy decline during the pandemic. Photo: Handout
The view from a hotel in Shanghai. Hotels in mainland China have seen revenues and occupancy decline during the pandemic. Photo: Handout
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