Luxury hotels

luxury hotels around the world that got a facelift during the lockdown

The Doyle Collection did extensive work on its properties – which include The Bloomsbury, The Kensington, and The Marylebone – during the lockdown. At Kensington, an already planned renovation of the suites has been completed, with chinoiserie prints, tall curtains and refreshed bathrooms, now featuring Calcutta marble, brass fittings and rolling tubs. The suites’ layouts […]

Luxury hotels

Luxury hotels lead industry’s faster-than-expected recovery from Covid

Demand from the hospitality industry has recovered at a faster rate after Covid 2.0 than after last year’s lockdown. Occupancy rates and Average Room Rates (ARRs) have seen a substantial jump, especially in luxury hotels and resort destinations, where they have exceeded pre-Covid levels. An ICRA report pointed out that the recovery was accelerated by […]

Luxury hotels

Nepalese luxury hotels struggle to recover despite massive losses

Travel restrictions and an economic downturn triggered by the Covid-19 pandemic have taken a heavy toll on luxury hotels in Nepal, decimating revenues and profits, and the dazed hotel industry is still struggling to recover. amidst huge losses. Upscale hotels across the country posted the highest losses on record in the fiscal year ended mid-July; […]

Luxury hotels

Exclusive Report On Global Luxury Hotel Market 2021-2028

Luxury hotels Market Snapshot The luxury hotel market is designed to witness high growth during the forecast period owing to rapid industrialization and urbanization in developing countries. In addition, the strengthening of traffic infrastructure projects and micro-tunnel activities are also expected to drive the growth of the luxury hotel market. However, high investment costs may […]