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The Great Olympic Meltdown: Beijing hotels slash rates after foreign tourists fail to show up

Unusual honesty from the Shanghai Daily which makes you wonder if they're not actually gloating:HOTELS in Beijing are slashing prices for next month's Olympics after the expected windfall of visitors failed to materialize, hotels and travel industry... ...full story at Shanghaiist

from Shanghaiist on Wed, Jul 23 2008

see also:

12 May 08 visit Taiwan hotels are ready for tourists from mainland China  »  YouTube videoMandarin news report: Taiwan hotels are ready for tourists from mainland China
22 Jul 08 visit Hotels slash room rates after foreign visitors fail to turn up  »  Shanghai Daily 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...
31 Dec 07 visit Beijing unveils official reception hotels for Olympics  »  People's Daily Beijing Olympic organizers have unveiled 132 official reception hotels for next year's Games. The Beijing Organizing Committee for the Olympic Games (BOCOG) said Friday 120 contracted hotels are in Beijing, among which 38 are five- ...
17 Jun 08 visit Beijing hotels extend checkout time  »  Shanghai Daily SEVENTY-ONE hotels in Beijing's Miyun County began to extend checkout times from 12pm to 2pm in response to a suggestion by the Miyun Consumers' Association and the Tourists and Hotels Association, Legal Daily reported...
15 Aug 08 visit Olympics open, star-rated hotel occupancy rates rise  »  People's Daily The occupancy rates of star-rated hotels in Beijing have risen since the opening of the Olympic Games. Meanwhile, accommodation prices continue to rise and fall, and the tourists are flooding into scenic areas. According to a survey of Olympic tourism,...
28 May 08 visit Beijing rolls out the hotel welcome mat  »  Shanghai Daily BEIJING will prepare 5,892 hotels with 336,000 rooms and 660,000 beds for visitors during the Beijing Olympics in August, more than the previous two games in Sydney and Athens, an official of the Beijing Olympic Committee...

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