Property News · February 1, 2022

Mainland Chinese hotels’ hopes of Lunar New Year boom dashed by rising omicron cases


Mainland Chinese hotels, which are among the industries worst affected by the outbreak of the Covid-19 pandemic since early 2020, have had hopes of a boom during the Lunar New Year holiday dashed by the emergence of the omicron variant.Just three months ago, nearly 10,000 star-rated hotels across the country were expecting a jackpot during the week-long holiday when demand for travel peaks – hotel room prices can surge by more than tenfold as millions of tourists flock to scenic spots and…

Source : South China Morning Post
Read more…Mainland Chinese hotels’ hopes of Lunar New Year boom dashed by rising omicron cases

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