GreenTree Inn Starts Reservations for the 2008 Beijing Olympic Games

22 hotels with 3000 rooms - Introductory rate starts at $42 per night

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. October 14, 2008

SAHNGAHI, March 25, 2008. 2008 Olympic torch relay started on April 24 with its 130-day journey to the Aug. 8 opening ceremonies in Beijing. At the same time, GreenTree Inns started its online reservation worldwide for its hotel rooms in Beijing for the game.

It is estimated that about 500,000 to 550,000 foreign visitors will go to Beijing during the Olympic Games. 50,000 will be members of the Olympic family, and about 260,000 320,000 visitors will be spectators. They will be joined by about 150,000 to 200,000 regular visitors. In view of these, visitors' accommodation has become a challenge.

Beijing is estimated to have about 4800 accommodation facilities. 700 of them are star-rated tourist hotels and 4100 of them are not rated properties. All together, the daily accommodation capacity for Beijing will be over two hundred eighty six thousand and nine hundred (286,900) rooms or five hundred seventy two thousand and five hundred (572,500) beds. These facilities are scattered all over the cities and our guests are recommended to check thoroughly about the hotel locations in relations to the destination stadium.

GreenTree Inns will have about 22 hotels with 3000 rooms available during the game most of them in close proximity to game stadiums. The online reservation rate starts from $42 per night per standard rooms in some hotels to about $200 per room at those hotels right next to the main stadium. Advanced payment is required. Certain discount will apply to its members and advanced reservations. For detailed information, please check on www.GreenTree.Com.Cn. GreenTree Inn welcomes cooperation with travel agents or agencies. Other company with need of accommodations prior, during the game should contact our company reservation department and they are ready to assist. You can also have one stop shopping with our reservation department even if you need assistance to travel outside of Beijing.

For quality hotel with great price, GreenTree Inn is the choice. According to Shanghai's Tourism Bureau section chief's annual report, GreenTree Inn quality is no less than the three star-rated hotels.

As for ticket sales for the Olympic Games, it is estimated about 9 million tickets available. Over 7 million tickets will be available for sale. About 20 to 25 percent of these tickets will be sold abroad. According to the ticketing policy, the prices for sports sessions will range approximately between 4 to 130 US dollars. For preliminary competitions, the price will be between 4 and 40 US dollars, while for the finals, the range will be between 8 and 130 US dollars. The lowest priced ticket for the Opening Ceremony will be about 25 US dollars, while the highest priced ticket will be 650 US dollars. The lowest price for the Closing Ceremony will be about 20 US dollar, and the highest will be 400 US dollars. For detailed information, please check into www.GreenTree.Com.Cn for links to the official website of Beijing Olympic Game.

ABOUT GREENTREE INNS

GreenTree Inns (www.GreenTree.Com.cn) is the first upscale and value business hotel chain built by Alex Xu and his companies in 2004. The mission is to deliver upscale and affordable hotel products and services. Priced between $20 to $40 per night in downtown areas of major cities in China, it quickly became an ideal choice for business travelers from domestic and abroad.

The first GreenTree Inn was opened at Nov 2004. The company has since added more than 220 hotels spread in 60 cities of China. 75 are opened and 145 hotels are under construction. It plans to add 200 hotels in 2008 which brings the total hotels to 400. GreenTree Inn now has 22 hotels in Beijing with 3000 rooms ready for 2008 Beijing Olympic Game. In addition, GreenTree Inn rolled out its second stage of development plan for more hotels in India, Indonesia, and Vietnam.

For details, please contact our media relations at +86-21-3617-4888 extension 6301 or [email protected].