“At a time when native-population growth is slowing due to persistently low fertility rates, declining immigration is poised to weigh heavily on labor supply, debt sustainability, and long-term economic growth, with negative effects likely to emerge even in the near term,” researchers at the Deloitte Global Economics Research Center wrote in an analysis published Friday.
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中信证券研报进一步指出,随着2026年国内商业用地租金下降幅度放缓、资深加盟商情绪趋于谨慎、头部四大酒店集团Pipeline减少,酒店行业供给增速将进一步回落。在高线城市入住率翻正预期下,价格料将呈现一定弹性,头部酒店RevPAR同比预计仅实现低个位数增长。这意味着,单纯依靠规模驱动的增长模式已难以为继,质量深耕与体验创新将成为下一阶段竞争的核心命题。。关于这个话题,safew官方版本下载提供了深入分析