The world's hottest hotel development market shows few signs of cooling off, even as performance numbers in China's major markets are relatively chilly. While analysts, hoteliers and development executives agree 2012 is likely to be another underwhelming year for occupancy and ADR in China, they are nearly unanimous that the country's fundamentals remain strong longer term. International brands opened a hotel in China every four days in 2011, with more than 84,000 internationally branded guestrooms set to open in China's 30 biggest markets between the end of 2010 and 2013, according to Jones Lang LaSalle Hotels (JLLH) China. China has a pipeline of about 172,000 guestrooms in various stages of development, which would represent an increase of 13.4% over existing inventory.
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