China’s Gen Z consumers drive rise in homestay bookings to ring in the new year



More young Chinese consumers are opting for bed-and-breakfast stays at private villas to ring in the New Year, drawn to the larger space, set-up options and enhanced privacy offered by these properties, leading to a fresh round of competition for hoteliers.

That has prompted B&B operators to step up efforts in creating distinct ritualistic experiences – such as group countdown events, fireworks displays and complimentary bottles of wine – to attract more guests while standing out in a crowded market.

“The festive rituals can highlight homestays’ strengths in atmosphere and social scenarios, making them more appealing to young consumers,” said Hu Yang, a vice-president at Chinese short-term lodging rental platform Tujia.

“On regular days, the key for homestays to attract more travellers lies in creating something compelling that transforms a homestay from a mere accommodation into a lifestyle and experience.”

Among B&B offerings, renting entire villas for New Year’s celebrations has emerged as a top choice for young Chinese.

Data from Tujia showed that bookings for stand-alone villas during the 2026 New Year’s holiday period surged 140 per cent year on year – the fastest growth rate across all homestay types.

  • Related Posts

    De-dollarisation will be a slow grind, says DBS chief economist ahead of Brics

    DBS chief economist Radhika Rao says India remains resilient despite external shocks, but persistent oil prices, rupee weakness and tighter global financial conditions could test the economy As the global…

    Continue reading
    Japanese Credit Rating Agency raises India’s sovereign rating to A-, citing strong growth

    JCR cites strong growth, healthier banks and improving fiscal management for the upgrade The Japan Credit Rating Agency (JCR) has raised India’s sovereign credit rating to A- from BBB+, pointing…

    Continue reading

    Leave a Reply

    Your email address will not be published. Required fields are marked *