Tag: top 10 luxury hotels in the world

Luxury Hotels in Bangladesh Revenue 2022-23 | Luxury hotels log higher revenue: half of it comes from food, beverage

Food and beverages are major sources of revenue for most of the luxury hotels in Bangladesh compared to their earnings from renting out rooms as operators have stepped up efforts to drive sales. In contrast, hotels located in the areas near the Hazrat Shahjalal International Airport are logging higher revenues from rooms while they struggle to generate earnings from dining and attract corporates to hold events. For all the latest news, follow The Daily Star’s Google News channel. Food and beverage sales accounted for 49 percent of the revenues generated by the six luxury hotels that published financial reports for… Read More

IHG Hotels & Resorts Strengthens Leading Position in the Luxury & Lifestyle Segment

Expansion, expertise and enterprise investment propel momentum in the Americas across six renowned brands ATLANTA (Jan. 18, 2024) – IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies with 19 brands and boosted by its award-winning IHG One Rewards loyalty program, today underlines its growth in the Luxury & Lifestyle segment. Currently, IHG boasts one of the largest Luxury & Lifestyle portfolios in the world, consisting of six acclaimed brands that represent 22 percent of its global pipeline* – nearly double its stake from just five years ago. IHG has driven its ambition forward through a combination… Read More