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.