Mittwoch, 27. Mai 2009

Shanghai Hotels

It seems that Shanghai's high-end hotels are still struggling:

I just received a promotional mail from the Grand Hyatt, offering a Superior Room for a daily rate of 1,388 RMB. And they even throw in a food/beverage voucher worth 300 RMB.

A year ago, their standard room rate was 2,500-3,000 RMB.

You can call that deflation. Or you can call it desperation.


  1. Still expensive compared to Berlin.

  2. You mean a room at one of Berlin's most expensive 5-star-hotels is easily available for less than 140 € per night, with a 30 € food voucher thrown in?