Lux in flux: will 2010 spell a redefinition of high-end hospitality?
What is the difference between pre- and post-crisis luxury? Luxury hospitality has been hit harder by the worldwide financial disruption than any other segments of the hotel business. It follows, therefore, that it is likely to take awhile for this sector to recover. HOWARD WOLFF, Senior Vice President at destination design firm WATG, says that for 2010, bling has blung.
About The HOTEL yearbook (HYB)
The Hotel Yearbook is a family of publications that call upon a wide-ranging group of senior executives, analysts, consultants and opinion leaders from all over the world to ask, "What lies ahead for the global hotel industry?" In The Hotel Yearbook - whether it is the highly respected annual edition or any of the special editions focusing on such critically important themes as technology, talent development, or the digital world - our forward-looking contributors share with readers the key trends and developments that they believe could have an impact on the performance of the hotel industry in the future. For more information visit hotelyearbook.com.