• Chinese spend accelerates

China’s business travel spend is set to rise by 15.9% this year. Next year, the pace of growth will accelerate to 18%, predicts the Global Business Travel Association. 

Hotel supply is starting to catch up up with demand, as China is the focus of development in the region. In Beijing alone there are 95 projects with more than 13,500 rooms.
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http://www.prnewswire.com/news-releases/gbta-foundation-forecasts-china-business-travel-spend-to-see-double-digit-increases-in-2014-2015-280906502.html
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