Beijing hotels slash rates by 20pc ahead of Olympics
Thursday, 24 July 2008
BEIJING, Jul 23 (PTI): After jacking up room rents ahead of Olympics next month, hotels here, have slashed the rates up to 20 per cent in their last ditch bid to woo tourists who appear to be shying away from the Chinese capital.
Amid flickering hopes of a much talked about boom in customers ahead of the Olympic Games next month, the move is an attempt to undercut the competitors at the last moment to compensate the less than expected occupancy till now.
China is expecting up to only 4,50,000 overseas tourists in August, including the 1,20,000 for the sporting event in comparison to the 4,20,000 who visited china last August.
Olympic room prices in the average three-star hotel, compared with those quoted in May and June, are now reduced from U.S.D. 104 to U.S.D. 58.6 per night and in a four-star hotel from U.S.D. 220 to U.S.D. 117 per night, China's largest online travel service website Crip.com said on its website.
Amid flickering hopes of a much talked about boom in customers ahead of the Olympic Games next month, the move is an attempt to undercut the competitors at the last moment to compensate the less than expected occupancy till now.
China is expecting up to only 4,50,000 overseas tourists in August, including the 1,20,000 for the sporting event in comparison to the 4,20,000 who visited china last August.
Olympic room prices in the average three-star hotel, compared with those quoted in May and June, are now reduced from U.S.D. 104 to U.S.D. 58.6 per night and in a four-star hotel from U.S.D. 220 to U.S.D. 117 per night, China's largest online travel service website Crip.com said on its website.