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.
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Shaun Rein on the TSM
vor 1 Jahr
Still expensive compared to Berlin.
AntwortenLöschenYou 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?
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