China is opening an international hotel every four days, making it the world's fastest hotel market, Shanghai Morning Post reported.

From 2010 until 2013, 90 new internationally branded hotels will have opened every year, according to the latest Jones LaSelle Survey quoted by the paper,

Due to the rapid rate of urbanization and property development in China, a large number of hotels can appear in a short period of time. While this increase has led to fiercer competition, a high demand for hotels has alleviated potential competition-related problems, the paper reported.

The paper also said that the increase in business trips contributed to the healthy performance of the hotel market in 2010 and the first half of 2011, which also allowed hotels to increase incomes through occupancy-driven rather than price-driven patterns.