| Driven by Beijing tourism development and the 2008 Olympic Games, more than 12.000 guestrooms of hotel under international management are expected to be launched in Beiing market in 2008-a record number.
According to a summary of the Chines hotel market issued by Jones Lang Lasalle Hotels, average rates per night of five-star hotels in Beijing have consecutive years, with a growth rate of 3.5% in 2007. The average rate per night and revenue per available room of four-star bothels in the city increased by 10% and 8%, respertively. Besides the Beijing Olympic Games and the Shanghai Worlad Expo, development in both domestic lesure and inbound tour restors are taken as the drivers of growth in Chinese hotel industry. China Hospitality News |
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