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Luxury Hotels and Recession: A View From Around the World

Luxury Hotels and Recession: A View From Around the World By Jonathan Barsky, Ph.D. Co-founder, VP Research, Market Metrix

Introduction
The escalating recession is causing serious problems for many hotels and for luxury hotels in particular. This paper examines the changes occurring to the global luxury hotel market from both the guest and manager perspectives.

Methodology
Market Metrix and The Leading Hotels of the World recently completed a study of the luxury hotel market, including guests and hotel managers from around the world.

Conclusions:
1 Many luxury travelers intend to travel through the recession Page 3
2 All geographies are not created equal Page 4
3 Use of the internet is growing fastest among luxury hotel guests Page 5
4 The luxury guest is changing Page 7
5 Hotels are protecting the guest experience and ADR Page 9

Download the full report Luxury Hotels and Recession: A View From Around the World

This article is quoted from the Tourism ROI Newsletter published on 2009-06.02.
This article is uploaded by Majbritt Thomsen, administrator on ‘Views On Tourism’.

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Posted in Best practice, Development, Market knowledge, Performance and management, World.


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