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Luxury hotels face declining profits in Oct-Dec despite peak season

by Robert Van Pash (Editor)
January 31, 2025
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Operators blame political unrest for the downturn

31 January, 2025, 09:50 am

Last modified: 31 January, 2025, 09:56 am

Infographic: TBS

“>

Infographic: TBS

Despite being in peak season, the profits of four luxury hotel operators declined or turned into losses during the October–December quarter of the current fiscal year, largely due to nationwide political unrest and economic…

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