from China View (3/7):
Beijing hotel rooms prices rise 400-1000% for Olympics
"BEIJING, March 7 (Xinhua) -- Quoted prices for hotel stays in Beijing during the summer Olympics has jumped up by four to ten times higher than normal, said China's biggest online booking provider Ctrip.com International Ltd.
The travel booking company said on Friday that its online hotel reservation data show that standard hotel rooms in four and five star-ranking hotels during the August Olympics have been nearly booked out." ....
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