Comments on: Financial crisis around the world in luxurious hotel & condo projects

By: Luxury

Luxury — Fri, 16 Oct 2009 09:29:28 +0000

Crisis usually hit the less powerful spenders but this time overall the world the recession hit hard and deep and we are seeing luxury objects and services sector downsizing. Think about luxury boats 50% down, this is a sector usually unaffected by crisis. No surprise luxury hotels are one of many casualties but as for other businesses they are trying to cope and even taking chances where possible to emerge even stronger.

By: Downtown Hotels

Downtown Hotels — Tue, 26 May 2009 00:18:27 +0000

I think in this Recession time people are more interested in budget hotels,rater than the luxurious ones.

By: Christopher Spear

Christopher Spear — Tue, 20 Jan 2009 11:34:12 +0000

Hoteliers will need to concentrate on filling the rooms they have versus stealing share from new rooms coming on board. It’s going to be an interesting time. But we can do it! “Yes, we will!”