The luxury hotel sector has the wind in its sails now. Segmentation is becoming more intense as clientele diversify their interests from the exceptional palace to the more relaxed atmosphere of boutique hotels. The consequence of this potentially glorious future: heightened competition.
Morale is up for luxury hotels and directly affects results: turnover is up by 24% for the Asian Peninsula; growth by 46% for the net revenue of the British Orient Express; 15.5% growth RevPAR at the Canadian Four Seasons... to cite just a few examples. More cyclical, the cream of the crop of the...
This content is for subscribers only. You have 80% left to discover.
Every week, the HON team brings you an expert look at the world of hospitality.
By becoming a member, you will have access to a complete ecosystem: exclusive content, jobs, etc.
BECOME A MEMBERAlready a member ? Login