Beijing hotels slash rates as expected Olympic demand falters

Wednesday 23rd July, 07:35 AM JST

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11 Comments

DeepAir65 at 08:32 AM JST - 23rd July

but I heard from out China office that China have suspended visa applications been suspended so it makes no difference - if you have not got a visa now you are probably not going no matter how cheap they make the hotels.
DeepAir65 at 08:33 AM JST - 23rd July

arg! why can't you edit posts with this new interface? One step forwards, two steps back!

I think you can follow what I mean though!!!
PepinGalarga at 12:04 PM JST - 23rd July

the real impact should have been estimated a few months ago when the Tibet and Olympic Torch fiascoes were going on. The damage was done back then.

They dont mention if rates are down for 4-5 star hotels, which is where most foreigners will stay, so this story has little relevance to our audience.

I may travel to China in August for the hell of it. hope to score some tickets on the street...
Xennon at 01:55 PM JST - 23rd July

Pepin,

From what I understand, it is illegal for Chinese citizens to sell the tickets. This is of course word of mouth so I may be wrong.
Bovinus at 08:50 PM JST - 23rd July

Good to see nobody's going to the Olympics. I'm still amazed China even got the Olympics in the first place. It's a dictatorship.
Sarge at 11:16 PM JST - 23rd July

"It's a dictatorship"

Yeah, but it's a dictatorship that makes the world's clothes and toys and a bunch of other stuff that we need, and, anyway, who said only democracies get to host the Olympics? Not the IOC!
sharpie at 11:37 PM JST - 23rd July

a dictatorship? and whats so different about a country like the states who can wage a war on terror, ie anyone it wants, and call people terrorists, ie anyone who disagrees with its policies? come on. dont be so ignorant and so naiive as to say china doesnt deserve it. the olympics are a commercial fiasco, and who's leading in producing all the goods we crave? ...china
minkaboo at 12:07 AM JST - 24th July

Sharpie:
There's a huge difference between countries that have no freedom of speech, religion, and right to gather peaceably and a country that wages war on foreign countries esp. after it was attacked in 9/11. I disagree w/ the US foreign policy, as the worldwide world does. Try criticizing the President of China in front of his house and see what happens to you and all your families -- this makes all the difference.

Sarge: No one is critizing China or Chinese people or their manufactured goods. It's the Communist government's policy of treatment of its own citizens that's often brutal, medieval-like, and unfair. It's out of synch with the rest of modernized world's sense of how we do treat our own citizens. Olympic host is about an exemplary country that the world looks-up to. How could anyone lookup to a country that has no human rights record??
OssanULTRA at 02:18 AM JST - 24th July

If the Chinese govt is restricting visas then obviously that is counterproductive to bringing in lots of Olympic visitors. But a poor visitor turnout isn't all that significant in light of all the hassles China has had to go through just to be able to say they hosted the Olympics. Not to mention that it probably taught the IOC a good lesson for the future.
PepinGalarga at 02:44 PM JST - 24th July

China wanted to do things its way, not its blowing up in their face.

I predict there will be a real estate meltdown in Beijing before the end of the year. There's hundreds of new ultra-modern office buildings completed in the last 12 months. There's so much office square footage and no foreign companies to fill them. The local companies are being very conservative, so they won't make the first move. It may bring down China's economy a few percentage points.
Kwaabish at 11:03 AM JST - 25th July

"Ïf you build it, people will come."

apparently not to Beijing...