{"id":124435,"date":"2022-02-01T16:30:11","date_gmt":"2022-02-01T09:30:11","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-hotels-hopes-of-lunar-new-year-boom-dashed-by-rising-omicron-cases\/"},"modified":"2022-02-01T17:04:49","modified_gmt":"2022-02-01T10:04:49","slug":"mainland-chinese-hotels-hopes-of-lunar-new-year-boom-dashed-by-rising-omicron-cases","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-hotels-hopes-of-lunar-new-year-boom-dashed-by-rising-omicron-cases\/","title":{"rendered":"Mainland Chinese hotels\u2019 hopes of Lunar New Year boom dashed by rising omicron cases"},"content":{"rendered":"<p>&#013;<br \/>\nMainland 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 \u2013 hotel room prices can surge by more than tenfold as millions of tourists flock to scenic spots and\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/china-business\/article\/3165503\/mainland-chinese-hotels-hopes-lunar-new-year-boom-dashed?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Mainland Chinese hotels\u2019 hopes of Lunar New Year boom dashed by rising omicron cases<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Mainland Chinese hotels, which are among the industries worst affected by the outbreak of the&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-124435","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-wn1","jetpack-related-posts":[{"id":118656,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/macau-hotels-and-casinos-look-forward-to-upcoming-golden-week-holiday-as-travel-restrictions-with-china-are-eased\/","url_meta":{"origin":124435,"position":0},"title":"Macau hotels and casinos look forward to upcoming golden week holiday as travel restrictions with China are eased","date":"September 17, 2020","format":false,"excerpt":"\r The upcoming \u201cgolden week\u201d holiday will come as a relief for Macau\u2019s struggling casinos and hotels, as hordes of Chinese tourists are expected to travel to the gaming destination after restrictions for visitors from across the mainland are eased from next week.Initial hotel bookings indicate that things are starting\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104447,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/declining-home-sales-in-smaller-chinese-cities-during-lunar-new-year-point-to-longer-term-troubles\/","url_meta":{"origin":124435,"position":1},"title":"Declining home sales in smaller Chinese cities during Lunar New Year point to longer term troubles","date":"February 27, 2019","format":false,"excerpt":"\r Property developers in China\u2019s tier 3 and 4 cities have reported disappointing home sales during the traditional Lunar New Year buying season this year. And their troubles might not end here, according to industry insiders.According to analysts, a combination of factors is affecting the market in mainland China\u2019s smaller\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":163483,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/billionaire-boom-ultra-wealthy-in-mainland-china-hong-kong-regain-momentum\/","url_meta":{"origin":124435,"position":2},"title":"Billionaire boom: ultra-wealthy in mainland China, Hong Kong regain momentum","date":"October 29, 2025","format":false,"excerpt":"\r Mainland China and Hong Kong have gained more billionaires, reversing a decline three years ago, after the world\u2019s second-largest economy unveiled stimulus measures amid slowing growth and a struggling property sector, according to the latest study by Altrata. The mainland had 321 billionaires as of 2024, rising by 5.6\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":158281,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-hotel-brands-set-to-reshape-hong-kongs-hospitality-scene\/","url_meta":{"origin":124435,"position":3},"title":"Mainland Chinese hotel brands set to reshape Hong Kong\u2019s hospitality scene","date":"July 28, 2025","format":false,"excerpt":"\r Mainland Chinese hotel operators are expected to significantly increase their presence in Hong Kong\u2019s hotel industry, potentially replacing established brands in the coming years, according to analysts. Currently, Western and international operators dominate Hong Kong\u2019s hotel landscape, while Chinese ones have a minor presence. Among some of the more\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103913,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-new-home-sales-decline-by-56-per-cent-during-lunar-new-year-holiday\/","url_meta":{"origin":124435,"position":4},"title":"China new home sales decline by 56 per cent during Lunar New Year holiday","date":"February 12, 2019","format":false,"excerpt":"\r New homes sales declined by 56 per cent year on year in 17 major mainland China cities, including Shanghai and Nanjing, during the Lunar New Year holiday, in a sign that does not bode well for a sector already weighed down by a bearish outlook and concerns about a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104725,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/unable-to-sell-luxury-homes-in-beijing-mainland-developer-tahoe-group-offers-discounts-of-up-to-us1-3-million\/","url_meta":{"origin":124435,"position":5},"title":"Unable to sell luxury homes in Beijing, mainland developer Tahoe Group offers discounts of up to US$1.3 million","date":"March 6, 2019","format":false,"excerpt":"\r As the ongoing US-China trade war weakens appetite of deep-pocketed mainland buyers for luxury homes, some developers have been offering massive discounts of up to 9 million yuan (US$1.3 million) to make sales.Just a few days after Lunar New Year, mainland developer Tahoe Group began offering aggressive discounts for\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124435"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=124435"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124435\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}