When the rich and famous head to Paris, there are a select few addresses that their chauffeur-driven cars whisk them to. These are the Palace hotels, the crème de la crème of its luxury hotels scene, which used to be seven and but are soon to be fourteen.
Kempinski Hotels has announced plans to expand its portfolio of luxury hotels in Africa. With two new properties opened in Kenya in 2013, Kempinski looks to add five more hotels to its African portfolio in the next year.
Africa is the new jewel of international hotel investments. In the black continent 191 new first-class and luxury hotels with around 39,800 rooms arise in the next years.
The hotel market in London is booming. 51 new first class and luxury hotels will open within the next years, according to TOPHOTELPROJECTS (www.tophotelprojects.com),
Hotel investments are nowhere higher than in Mecca: 133 billion US dollar will be invested in first class and luxury hotels untill 2015 in the holy city of the Muslims.
Maine based US Hotels announced the acquisition from the Carlyle Group of an additional boutique hotel to add to its portfolio of luxury hotels, restaurants and spas across the Northeast of the United States.
The Philippines will open up for more foreign tourists: this year 5,5 million visitors from abroad should be attracted to the island kingdom and several major tourism projects are under development.
Mecca currently has 12 new luxury hotels with a total number of more than 6,000 rooms in the hotel construction and development pipeline.
Frequent business travelers like many of the services offered by luxury hotels. And current rates make them attractive.
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