Chinese hotel prices are set to fall this summer

The prices of hotels in several major Chinese cities are set to drop in the coming months, according to the latest Asia-Pacific hotel rates indicator published by HotelsBookie.com. The online travel agent released figures April 8 which showed that Beijing, Guangzhou and Shanghai are all set to fall in price between now and June as hot, humid weather between May and September lowers travel demand. Rates in Guangzhou will fall particularly sharply,  with rates 40 percent lower by June at an average of just $102 a night. Several other destinations…

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