EconomyChina hotel rates disappoint over ‘golden week’ despite tourism boom
Hotel room rates in mainland China fell short of expectations during the National Day holiday, even as tourism and bookings rose. Prices were largely unchanged from the previous month between October 1 and 7, prompting hotel and travel industry figures and analysts to urge stronger asset and revenue management to ease pricing pressure.
China hotel rates disappoint over ‘golden week’ despite tourism boom
Economy