Beijing Olympic Hotel Prices Announced

Xiang Ping, undersecretary of the Service Department of Beijing Olympic Games Organizing Committee, has disclosed that the average room rate for a standard room at star-grade hotels during the 2008 Olympic Games will average US$353 per night for 5-star, US$272 per night for 4-star, US$176 per night for 3-star accomodations.

Crowne Plaza Fudan Shanghai Opens

InterContinental Hotels Group has boosted its presence in the Shanghai market with the opening of the Crowne Plaza Fudan Shanghai, a newly constructed 19 floor, 309 room property in the rapidly developing Yangpu District of Puxi.

Travel Agencies Authorized To Organize UK Tours

The Tourism Board of United Kingdom announced in Shanghai that seven travel agencies in East China region have been approved to send travel groups to the UK, bringing the number of travel agencies in the region that are entitled to send tourists to Britain to 11.

Jumeirah Appoints New Asia-Pac VP

Jumeirah has announced the appointment of Francis Killory as Vice President of Development Asia Pacific and will be based in Shanghai.

Cendant Announces Possible Spin-Offs Of Realogy, Wyndham

Cendant Corporation announced that it is exploring the possibility of simultaneous spin-offs of its Realogy Corporation and Wyndham Worldwide Corporation subsidiaries in mid-July, instead of spinning off those companies at different times as previously contemplated.