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Room to improve

— Global


The global marketplace isn’t short of economic indicators but none’s a more rapid read than hotel occupancy rates. With many predicting 2010 will still be tough going, we look at the managers, designers and concepts transforming the sector and rethinking the whole concept of hospitality. We also talk to a few informed guests.

Hoshinoya, Hotels, Management, Tourism

With the coming spring thaw, investors, hotel management groups, designers and contract firms will hope the economy will do the same. The past 18 months has seen hundreds of hotel and resort projects suspended, cancelled and mothballed. While this may not have been great news for local governments, who offered tax breaks to international hotel groups to boost the tourism fortunes, or for contractors, who laid off hundreds of workers, it’s been good news for the guest. The drop in room rates has been most welcome by CFOs who manage massive T&E…


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