Beijing hotel rates fall, bookings edging up slowly
July 24, 2008 | Hospitality Industry
According to Ctrip.com, some hotels in Beijing have cut their room rates by 10-20 percent. Officials of the Beijing Tourism Administration said that more than half the rooms in four-star hotels in Beijing over the Olympic period were still available.
In some two-to-four star hotels in areas of the city where demand is weaker, room rates have been reduced for the Olympic period, the company said in a statement.
The report comes a week after an official of the Beijing Tourism Administration said that more than half the rooms in four-star hotels in Beijing over the Olympic period were still available, though bookings were edging up slowly. However, the government has said five-star hotels have booking rates of nearly 80 percent. Over the same period last year, four-star hotels had booking rates of close to 70 percent, but there are now 20 more hotels in Beijing competing for business.
Travelers could be hesitating because of anti-Chinese protests on the international leg of the Olympic torch relay and a huge earthquake in Sichuan.
Get the full story at The China Post
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