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What began as whispers among luxury travellers and advisors has now reached a dull roar. What the hell has happened to hotel prices? And are they ever going to come back down to Earth?
I’ll cut to the chase: They went crazy, and it’s unlikely.
At a time when demand for luxury goods is sharply down and consumers are shifting spend to experiences, the hotel industry is reaping the rewards, and pricing its offerings accordingly. Virtuoso, the world’s leading network of luxury travel…
