Beijing hotels slash rates after foreign tourists fail to show up

Its good to know that I’m not the only person in the world who would rather the summer games could take place somewhere else.

HOTELS in Beijing are slashing prices for next month’s Olympics after the expected windfall of visitors failed to materialize, hotels and travel industry executives said yesterday.
Fan Runjun, of travel Website Ctrip.com, said many two to four-star hotels had reduced prices by 10 to 20 percent compared to May and June and some had slashed rates by as much as 30 percent.

The usual pre-Olympic festive atmosphere host cities experience has not yet hit Beijing. In June, the number of visitors to the capital declined by 19.9 percent from a year earlier, according to the Beijing Tourism Authority.

Average room prices in three-star hotels are now down to 400 yuan (US$60) a night from 700 yuan in previous months. Four-star hotels have dropped prices to about 800 yuan a night from 1,500 yuan.

Link (via the Shanghaiist)

Posted by Nelson @ Evoflux on 07/23 at 12:21 PM in News • (1) Comments

Comments

#1. Posted by on September 08, 2008

The prices were ok I think because millions of tourists were there. I was luckcy to stay in one of the best hotels in beijing. It was very funny trip especially for my first time travel to china

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