$HUI XIAN REIT (87001.HK)$ As China starts the golden week h...

As China starts the golden week holiday, Grand Hyatt Beijing, part of the flagship asset of Oriental Plaza Beijing, is reporting high occupancy rates.

quick check on trip.com shows a limited number of rooms available with the lowest tier room almost fully booked at daily room rates of 230USD - 280USD / night.

This is competitively priced against Hilton and Mandarin Oriental

interestingly, room rates are higher the following week AFTER the golden week holidays for most hotels in Beijing as it appears there is a high level of international conferences held in Beijing and Shanghai post golden week