Sanya sets price ceiling on hotel room rate for upcoming CNY holiday
This year’s Spring Festival is seen as the strictest ever in Sanya as hoteliers are being required to lower room rates by more than 10%. Under the rules, the highest-price for a standard room is set at 5,000 yuan per night.
Ctrip.com, a leading travel website, said that the prices for Sanya tours have slumped 15% on average during the New Year holiday, which is mostly attributed to guidance given by the industry association to hotels.
During the New Year holiday, hotel rates in Sanya returned to their normal level.
A 5-day tour at a five-star hotel during New Year holiday was at around 5,000 yuan, a 10% decrease over the same period of last year, according to one online travel service.
Meanwhile, the booking price for a 5-day tour at a five-star hotel in Sanya is expected to drop 20% to 8,000-13,000 yuan for the upcoming Spring Festival.