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The hotel industry in Dongguan, which is also known as "the Hub of Hotels" is also affected by the economic depression throughout Europe and America. Though the Famous Furniture Fair and Canton Fare are drawing near, the average occupancy rate of hotels is still not as high as previous years. Insiders are still optimistic about the post-Olympics situation with respect to increasing international trade. Businessmen from Southeast Asia have become the sales target for some hotels. Since the beginning of 2008, the appreciation of RMB and increase in cost has resulted in the decrease of export, which leads to a slump in turnover for enterprises in Dongguan. At the same time, the average occupancy rate of hotels has dropped as business trips in Dongguan have decreased. The situation is even worse for those medium and small sized hotels. "Apart from the economic depression, the strictly-controlled visa application during the Olympics also affects the business of hotels",...

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