China hotel occupancy, room rates return to pre-pandemic lev

China hotel occupancy, room rates return to pre-pandemic levels

The hotel industry in mainland China has seen a steady recovery over the past three quarters, thanks to a post-pandemic boom in leisure travel that fuelled demand for hotels and pushed up room rates, reports the South China Morning Post. The occupancy rate across the country reached 68.4% in the first nine months of 2023, only…

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