During the opening session of the Australia, New Zealand & Pacific Hotel Industry Conference, global hotel leaders shared viewpoints on critical issues affecting hotel business. Top of mind was the impact of the global financial crisis on Australia and the Asia-Pacific region. One of the good things that came out of the economic maelstrom is owners and operators became closer and worked through the challenge together, said Jan Smits, CEO Asia Australasia, InterContinental Hotels Group.

Read the full article at HotelNewsNow (part of CoStar)