Dec 17 2008

Economic Recession Won’t Stop 500 Hotels From Opening

Published by HotelBlogs at 6:03 am under Hotel Websites

According to TopHotelProjects.com, more than 500 new first class and luxury hotels will be opening in the next months around the world.

28 percent will be opening in Europe, 27 percent in North America, and 41 percent in East Asia. Most of the largest hotels will be opening across Asia.

“After the first climax of the financial crunch, of course we watch the hotel projects market even more closely”, Rolf W. Schmidt, managing owner of tophotelprojects.com® reported. “Up to now we noticed only a few delays or even aborts of hotel construction or modification projects.”

Read the full details of opening hotels.

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One Response to “Economic Recession Won’t Stop 500 Hotels From Opening”

  1. # Bryan Williamsonon 28 Dec 2008 at 7:43 am

    This is good news considering the recent recession. I did not see from the article on why there are so many opening up with the economy as it is.

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