AmCham China member companies in the hospitality industry reported a mix of positive and negative attitudes regarding 2018 performance and outlook heading into 2019, though China remains highly important for the industry.
This 21-page report explores the insights and implicaitons for the hospitality and travel and leisure industry drawn from the industry-specific data of the 2019 BCS Report.
80% of member companies surveyed characterized their 2017 financial performance as profitable, compared with 67% in 2017. In addition, 50% of survey respondents noted that the 2018 EBIT (Earnings Before Interest and Tax) margins of China operations were higher than global margins.
Across its 21 data-driven pages, the report focuses on six main areas, including:
- Executive Summary
- 2018 Performance Snapshot
- Business Climate Challenges and Investment Outlook
- Regulatory Environment
- Policy Perspectives
This industry report is free for all members. For non-members, this report can be purchased for 400 RMB. To purchase this report, click the button below.