Luxury Hotel Chains Expand Globally, Business and Industry Trends Analysis

Another interesting trend in hotels is Asian luxury chains that are 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 across Europe.  For example, Shangri-La, an Asian luxury hotel chain best known for its popular properties in Singapore and Hong Kong, recently opened projects in Vienna, London and Moscow, and operates additional hotels in the Middle East, Italy, Japan, Turkey, France and Canada. Africa has been booming, with not enough hotels to host a growing business travel market.  Hoteliers have been rushing to…

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