Yoga studios have canceled classes. Luxury hotels are turning away guests. Shopping malls and office buildings are shut down.
luxury hotelsThailand turmoil shuts down scores of businessesNewsvine - business Fri, 04/23/2010 - 12:40
Yoga studios have canceled classes. Luxury hotels are turning away guests. Shopping malls and office buildings are shut down. China's Africa footprint: a makeover for AlgeriaNewsvine - business Mon, 01/18/2010 - 16:33
While still struggling with the aftermath of a decade-long Islamic insurgency, oil-rich yet impoverished Algeria is getting a makeover: a new airport, its first mall, its largest prison, 60,000 new homes, two luxury hotels and the longest continuous highway in Africa. Itineraries: As Revenue Slips, Resort Owners and Operators Squar...NYT > Business Mon, 05/25/2009 - 15:45
Owners of luxury hotels, facing debt payments, sometimes want their operators to raise revenue by cutting room rates — a move operators resist because it cheapens the brand. |