TR Global for the global hotel industry to provide market data, and their latest data show that Shanghai World Expo and the 2008 Beijing Olympic Games on two cities of Shanghai and Beijing hotel industry is similar. To the October 2010 date, Shanghai hotel revenue per available room (hereinafter referred to as RevPAR) to 579 yuan, while Beijing's RevPAR over the same period in 2008 604 million. 2008 Olympic Games to Beijing in August that year the hotel's RevPAR up to 1,574 dollars, it also let the average RevPAR increased to 555 yuan. However, after the Olympic stage, before the global financial crisis and the Olympic Games put into use too many new hotels, RevPAR from September 2008 to November 2009 dropped 15 consecutive months. So far in 2010, Beijing's RevPAR increased by 30% year on year, although the look reassuring, but a large increase in part because a relatively low base in 2009. RevPAR is still well below the actual pre-crisis to the October 2010 date, RevPAR in Beijing 399 yuan, 589 yuan the same period in 2007 decreased by 32%. This shows that in the process of preparing for the Olympic Games, our hotel supply improved (as shown above.) The development of hotel room inventory in the market after the Olympic Games has a lasting effect: Compared with the year-ago words, from August 2008 to May 2009 among these 10 months, the monthly rate of supply of hotel rooms have more than 10% gain. However, the recent substantial increase in demand can help to absorb part of the supply. In Shanghai, in May 2010 before the start of Expo 40 months, RevPAR has decreased by 34 months. This includes, from February 2008 to November 2009, RevPAR up 22 consecutive months of decline. The following are 2007 to 2009 the average annual RevPAR three years values, showing that the overall decline trend: 2007 638 yuan, 507 yuan in 2008, 2009 is only 362 yuan. Expo early in May 2010 and June, compared with the year-ago words, RevPAR was 102.9% and 113%. STR Global's Asia Director Jonas Ogren said, "If the six-month World Expo in Shanghai during the gradual increase in supply of hotel rooms, then the hotel's performance in the coming year will be different. There are two important factors: First, This growth trend continued in the time, and second, such as Beijing, is currently rising demand for sustainability of the rooms on the future development of Shanghai's hotel market, an important role. "

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