Soaring average room rates drive hotel performance in China
This article is an analysis on the current situation of the hotel industry in China. The performances have been very amazing since the preparation of the Olympic Games in 2008. The number of constructing hotels and hotel revenue performances are still growing highly. It is not only thanks to the Olympic games, the hotel growth went up thanks to the Disneyland opening near Hong Kong, the development of convention and exhibition centers in Shenzhen and the launch of the new Oasis Hong Kong low cost airline to London is promising China a very good year.
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