ANNUAL REPORTS / Design Hotels: Booking commissions hit hardest
Magazin • 7.8.2009 • 4159
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Design Hotels: Booking commissions hit hardest
7.8.2009
Berlin. For the first half year of 2009, Berlin-based Design Hotels AG reports a decline in revenue of ten percent resulting from a decrease in the booking commmissions.
Mumbai. The telecommunications technology "Telepresence" was born in August 2008, before the global economic crisis had taken hold. Now, the new audio/video technology has come to benefit all Taj Hotels feeling the slump in the wake of the global downturn - in India as well as in Boston and London. The Indian luxury hotel group also announced a second new brand after the Gateway Hotels: Vivanta by Taj.