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Luxe, when exclusive becomes more accessible

6 min reading time

Published on 31/07/05 - Updated on 17/03/22

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...

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