| Daily news, 28 Aug 2008 |
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HONG KONG – WORLDHOTELS affiliated hotels in Beijing struck gold, celebrating record results during the 2008 Beijing Olympics.
Hotel rates soared with a huge increase in visitors to the Chinese capital from the start of the Olympics.
A review of hotel performance by Deloitte showed that on the opening night of the games, revenue per available room (revPAR) in the city's hotels increased by 546 percent to US$390.
Occupancy reached OVER 86 percent, as average room rates increased by 421 percent to US$451.
”Our six WORLDHOTELS affiliated hotels in Beijing achieved record results in line with the Deloitte findings,” said Roland Jegge, WORLDHOTELS’ VP, Asia-Pacific.
With occupancy of 99.5 percent, Deluxe Collection-listed Hotel Kunlun exceeded all records with average room rates over RMB4,000.
WORLDHOTELS Deluxe Collection listed in Beijing are Hotel Kunlun, Loong Palace Hotel and Resort and The Presidential. First Class Collection listed are Beijing Landmark Hotel, Jianguo Hotel and Prime Hotel.
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