Hotel prices surge
12/4/2004 17:33
Hoteliers in popular tourist cities are happy to see their wallets
bulging, as the growing number of exhibitions and the coming May Day holiday
have driven up the room rates by 20-50 percent, eastday.com reported
today.
Domestic hotel prices began to rise this month, especially in the
popular tourist cities, and the increase is expected to last after the weeklong
May Day holiday, said an industry analyst.
The room rates in Guangzhou will
surge as of April 14 for the upcoming trade fair in the city, said a spokesman
with the GZL International Travel Service Ltd, the largest travel agency in
Guangzhou.
Higher occupancy rates in Shanghai's luxury hotels have also
driven up prices.
Due to a growing number of exhibitions and matches held in
Hong Kong, local hotels are fully booked as of mid March.
The average
occupancy rate in Hong Kong hotels has currently reached 90 percent, said a
spokesman with the Hong Kong Hotels Association, adding that the coming May Day
holiday will bring more visitors to the city.
Wendy Zhang/ Shanghai Daily news
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