The hotel market in Xiongan New Area, North China's Hebei Province, will see a boom in the next 10 to 20 years thanks to the arrival of increasing numbers of people and capital, the Economic Observer said during the weekend, citing an industrial report.
In the next 10 to 20 years, the population of the newly established economic zone will reach 3.4 million to 6.7 million and the total investment will be 1.2 trillion yuan ($180 billion) to 2.4 trillion yuan, the report said.
