Shanghai Daily news

Revenue from the district's star-rated hotels and travel agencies reached 3.5 billion yuan (US$421.69 million) last year, registering year-on-year growth of 30 percent. The district accepted more than 1 million tourist visits by the end of 2004, 13 percent more than a year earlier. Taxation from the hotels climbed 11.4 percent at the same time, to hit 100 million yuan, with the room occupancy rate hitting 71.29 percent.