Beijing Hotel Rates, Revenue Spike During 2008 Olympic Games
Written by Tim on August 28, 2008 – 10:35 pm
A study of daily hotel performance by STR Global shows significant rate and revenue spikes in Beijing during the 2008 Olympic Games as the city posted an occupancy rate of 88.47 percent during the event. Secondary host cities Hong Kong and Qingdao experienced RevPAR declines.
‘Beijing’s hoteliers benefited hugely from the Olympic [...]