Luxury Hotel Industry: Notable Developments & Geographical Outlook [MarketWatch]
Brookfield Asset Management Inc Class A Limited Voting Shares (BAM)
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bam.brookfield.com/en
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Source: MarketWatch
The MarketWatch News Department was not involved in the creation of this content. Jan 17, 2022 (Heraldkeepers) -- The concept of luxury hotels comes with a provision of high-end experience with a high value proposition. Luxury hotels provide distinct features and advanced facilities to the end-use customers. Furthermore, it provides high quality personalised and professional services thereby becoming a primary source of income produced by hospitality industry at an overall level. Luxury hotels are classified on the basis of diamond range depending upon facilities provided to the guests usually four diamond or five diamond luxury hotels. Luxury hotels are also categorised as business hotels, suite hotels, airport hotels, and resorts among others. Business voyages, visiting groups, meeting gatherings, and individual vacationers are the target clients of these hotels. Also, suite type of hotels is one of the significant segment of the luxury hotels. The rooms of suite hotels have
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