Luxury Hotels Sell Food at Street Stalls

Kronen Zeitung

Right

Factuality

Ownership

The world's second largest economy is increasingly under deflation pressure – prices are falling in many sectors, including the hotel industry. Creative ideas are now needed. "Today people don't come simply because they lower prices or offer discounts – they just don't come at all, complains the sales director of Beiyuan Grand Hotel in Beijing, Anwen Xu. The hotel industry suffers from weaker consumer demand, but also from cuts in travel budgets…