FlyerTalk Forums - View Single Post - Do real luxury hotels earn money?
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Old May 19, 2010 | 5:19 am
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Non-NonRev
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My guess would be that a property that is clearly acknowledged as the best in a given area is going to attract (almost by default) a good deal of non-lodging revenue from things like corporate parties, weddings, and the like. The cachet that "being the best" provides can serve to allow these hotels to drive profitable food & beverage income.
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