Singapore (February 23) Agoda.es, global site for hotel reservations worldwide based in Asia and part of Priceline.com (NASDAQ:PLCN), offers a selection of excellent promotional rates for hotels in Guangzhou, coinciding with the 109 Canton fair. 109 Edition of the spring Canton fair will stage the complex of imports and exports of China in the area of Guangzhou Pazhou Exhibition Centre. The event will be divided into three phases that will be held between April 15 and may 5, 2011 and where will be exhibited a wide range of products ranging from industrial machinery and building materials, to goods of consumption, gifts, clothing and decorative items. Canton fair also known as the China export and import fair grows every year in terms of popularity and volume of business. Performed for the first time in the spring of 1957, the inaugural event attracted little more than 1,200 buyers from 19 regions. In the Today, the Canton fair convenes more than 200,000 buyers of 208 regions of the world.
The spring 2010 edition of business volume was USD 34.3 million, an increase of more than 30 percent over the figure of 2009. The success of the Canton fair extends beyond transactions in the event, and generated a significant increase in hotel occupancy during the duration of the event. Wilfred Fan, Director General of North Asia on Agoda, commented: China has become the second largest economy in the world and Canton fair is the fair of export and the country’s largest trade, which makes it an extremely important event for many companies. As a result Guangzhou periodically experience an increase in the number of visitors. To cope with this intense demand, Agoda offers special rates and promotions at the most convenient hotels for people attending the event. This year the anticipation will be awarded with best rates. Those attending the Canton fair that reserve his Hotel via Agoda also get bonus points that can be saved to reduce the cost of future reservations.