From some reactions, you might think that the likely "End Of The Recession" by the end of 2009 means that the "Recovery" is close behind.
Unfortunately, what follows next will not feel much better for many for a very long time. Nowhere is that more true than in the luxury hotel segment, where Smith Travel Research foresees a 27% drop in RevPAR for 2009 followed by another 9% in 2010!
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