[photopress:olympics2008.jpg,full,alignright]The 2008 Olympics is expected to explode Beijing’s hospitality market to record revenues.
According to a report released by Jones Lang LaSalle Hotels, a leading worldwide service provider in the hotel and tourism sector, Beijing’s hotels enjoyed good business throughout 2005, with five-star hotels witnessing the highest average daily revenue RMB1,204 ($150) since 1994, with an occupancy rate of 75.3 per cent. Top-level hotels also had the highest ever revenue per available room RMB907 ($113).
In 2008, Beijing is expected to welcome more than 500,000 overseas and 1 million domestic travellers. By that time the number of hotels in the city is expected to have grown to more than 800, from the present 548, which includes 37 five-star hotels and 83 four-star hotels.
Among the expected more than 1.5 million visitors, 50,000 will come with organizations sponsoring the Olympics, their accommodation will be provided by the Beijing Organizing Committee for the Games of the XXIX Olympiad at four and five-star hotels.
This means most other visitors will have to stay at less luxurious hotels.
The BMBT has set up an Olympics Visitor Accommodation Arrangement Team to study service in Beijing’s low-end hotels and inns. The team will release service guidelines for the hotels to enhance service quality.
Source: China Daily