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Luxury Hotel Chains Expand Globally, Business and Industry Trends Analysis

The luxury hotel and resort business has been booming in recent years, thanks to a thriving global economy and easy access to the world’s most interesting destinations thanks to growing airline routes.  The Coronavirus definitely put the brakes on this sector for the near term, but over the long term, industry expansion will resume.  Meanwhile, it is worthwhile to study pre-virus developments. An interesting trend in hotels is Asian luxury chains that have been building properties in Europe and the U.S.  Hotel brands including Raffles Hotels & Resorts, Shangri-La Hotels and Resorts and Meritus Hotels & Resorts have been opening…

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