Articles tagged “four seasons”

Coronavirus

Bill Gates Firm Is Now Controlling Stakeholder in Four Seasons Hotels

This is good news for those who like what Bill Gates as a partial owner has done to help Four Seasons grow in recent years. But there is still a lot of uncertainty around when the market will be back to the kind of conditions that help put heads in beds in one of these glitzy hotels.
Hotels

Why Price-Gouging at Luxury Hotels Could Backfire

There's a danger in the surging average daily rates as travel takes off: Luxury hotels don't have the staff or the ability to live up to inflated rates. This presents a long-term danger to carefully cultivated brands.
Coronavirus

Hotels and Airports See Jaw-Dropping Declines in Foot Traffic in March

Government orders and public health recommendations to stay at home during the coronavirus outbreak sparked a steep decline in foot traffic at U.S. hotels and airports. This plays further into revised forecasts for a devastating 2020 for the travel industry.