AI Data Insight
In the fourth quarter of 2025, the value-added share of China's accommodation and catering sector in the tertiary industry reached 1.9%, climbing steadily from 1.833% in the same period last year. This indicates that service-oriented consumption has become the core of domestic demand. Benefiting from the rise of the "experience economy" and composite business models such as "Accommodation + X", the accommodation and catering sector has demonstrated stronger growth momentum than traditional commodity retail. Although constrained in the short term by cut-throat competition and conservative savings, medium-term development remains cautiously optimistic driven by policy dividends and the trend of chain operations.