{"id":136462,"date":"2023-05-02T09:00:32","date_gmt":"2023-05-02T02:00:32","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-hotels-get-a-labour-day-holiday-windfall-raising-room-rates-up-to-tenfold-to-cash-in-on-post-covid-travel-surge\/"},"modified":"2023-05-02T09:10:07","modified_gmt":"2023-05-02T02:10:07","slug":"chinas-hotels-get-a-labour-day-holiday-windfall-raising-room-rates-up-to-tenfold-to-cash-in-on-post-covid-travel-surge","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-hotels-get-a-labour-day-holiday-windfall-raising-room-rates-up-to-tenfold-to-cash-in-on-post-covid-travel-surge\/","title":{"rendered":"China\u2019s hotels get a Labour Day holiday windfall, raising room rates up to tenfold to cash in on post-Covid travel surge"},"content":{"rendered":"


\nHotels in China have hit the jackpot during the five-day holiday with a huge surge in post-pandemic demand allowing them to raise their room prices more than tenfold in some cases.
\n
\nSource : South China Morning Post
\nRead more…China\u2019s hotels get a Labour Day holiday windfall, raising room rates up to tenfold to cash in on post-Covid travel surge<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hotels in China have hit the jackpot during the five-day holiday with a huge surge...<\/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-136462","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-zv0","jetpack-related-posts":[{"id":124435,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-hotels-hopes-of-lunar-new-year-boom-dashed-by-rising-omicron-cases\/","url_meta":{"origin":136462,"position":0},"title":"Mainland Chinese hotels\u2019 hopes of Lunar New Year boom dashed by rising omicron cases","date":"February 1, 2022","format":false,"excerpt":"\r 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135860,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/winter-has-come-and-gone-fosun-tourism-to-expand-business-add-urban-resort-hotels-amid-surge-in-chinese-tourist-traffic\/","url_meta":{"origin":136462,"position":1},"title":"Winter has come and gone: Fosun Tourism to expand business, add urban resort hotels amid surge in Chinese tourist traffic","date":"April 11, 2023","format":false,"excerpt":"\r Fosun to expand its global operations and run more resort hotels in China, amid expectation of improvements in the tourism industry with Chinese citizens planning more holiday trips\r \r Source : South China Morning Post\r Read more...Winter has come and gone: Fosun Tourism to expand business, add urban resort\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126918,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-dajia-weighs-us1-billion-sale-of-us-luxury-hotels-including-four-seasons-montage-to-cash-in-on-travel-demand\/","url_meta":{"origin":136462,"position":2},"title":"China\u2019s Dajia weighs US$1 billion sale of US luxury hotels including Four Seasons, Montage to cash in on travel demand","date":"June 3, 2022","format":false,"excerpt":"\r State-owned Dajia Insurance is tapping advisers for a potential sale of its luxury hotels in the US to take advantage of surging travel demand, people familiar said.\r \r Source : South China Morning Post\r Read more...China\u2019s Dajia weighs US billion sale of US luxury hotels including Four Seasons, Montage\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115933,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/office-vacancy-rates-in-chinas-commercial-hubs-surge-to-highest-level-on-record-as-rents-drop-amid-pandemic-headwinds\/","url_meta":{"origin":136462,"position":3},"title":"Office vacancy rates in China\u2019s commercial hubs surge to highest level on record as rents drop amid pandemic headwinds","date":"April 29, 2020","format":false,"excerpt":"\r Office rents continue to be battered by the Covid-19 pandemic, and vacancy rates are on the rise in mainland China. A record number of offices have been left empty in the country\u2019s four largest commercial hubs, while rents have declined for six consecutive quarters.Office vacancy rates in Beijing, Shanghai,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124353,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hotels-in-asia-pacific-likely-to-see-surge-in-investment-this-year-as-coronavirus-restrictions-ease-jll-report-says\/","url_meta":{"origin":136462,"position":4},"title":"Hotels in Asia-Pacific likely to see surge in investment this year as coronavirus restrictions ease, JLL report says","date":"January 26, 2022","format":false,"excerpt":"\r Hotels in Asia-Pacific are likely to receive investment of more than US$9 billion this year, a 30 per cent increase from 2021, as countries begin to ease their Covid-19 restrictions and some confidence returns to the hospitality sector, according to JLL.The higher investment in the segment is just one\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118273,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hilton-country-garden-to-roll-out-1000-hotels-in-mainland-china-over-10-years-in-largest-deal-for-us-hotel-chain\/","url_meta":{"origin":136462,"position":5},"title":"Hilton, Country Garden to roll out 1,000 hotels in mainland China over 10 years in largest deal for US hotel chain","date":"August 18, 2020","format":false,"excerpt":"\r Hilton Hotels, once part of the investment portfolio of HNA Group, is tweaking its strategy in mainland China by targeting domestic long-stay guests amid a slump in international travel brought on by the Covid-19 pandemic.\r\rThe hotel management chain will team up with China\u2019s biggest developer Country Garden to establish\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/136462"}],"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=136462"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/136462\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=136462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=136462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=136462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}