Luxury hotels were hit hard by the recession
"Many large, influential public companies altered their external travel policy whereby fewer, if any, corporate execs were allowed to stay in upper upscale and luxury hotels,"
But those policies are fading with time. Companies are returning to high-end hotels, just as frequent travelers such as Rosenthal have.
Chris Gabaldon, Ritz-Carlton's chief sales and marketing officer, says room rates are cheaper than in early 2008, and "the meetings business is strong again and almost back to pre-recession levels."
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