Daiwa Resorts

Hotel prices will surge for the upcoming Golden Week in popular cities. The Plus version of the Golden Week, including the Mid-Autumn Festival and National Day Holiday, drives this. Data from Qunar indicates that as of September 11, the top three cities for flight bookings during the holiday were Shanghai, Beijing, and Chengdu. A luxury suite at the Peninsula […]

The Wall Street Journal published an article on how Chinese investors are fleeing the Western world, no longer having New York City hotels as their favorite place to put their funds. The report said the change is due to hostility to Chinese capital and that Chinese companies are now spending money on factories in Southeast Asia and mining and energy projects […]