Related Articles| US: Travel cuts to hit downtown hotels | chicagobusiness.com fter three great years, downtown hotels are facing tougher times as businesses slash travel budgets and cash-strapped tourists stay home. The numbers don’t show it yet: The average downtown hotel room rate rose 4.8%, to $189.16, in the first eight month |
| Beijing hotels rates fall 10-20 pct ahead of Olympics BEIJING, July 22 (Reuters) - Some hotels in Beijing have cut their room rates by 10-20 percent, but bookings are rising steadily as next month's Olympic Games near, Ctrip.com, China's top online travel agent, said on Tuesday. |
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