Innovation is key to luxury sector’s recovery, executives say

The luxury-hotel segment faces the challenge of meeting the demands of a new, more discerning consumer market as it gradually recovers from the recession, several luxury-hotel executives recently said during a panel at the Lodging Conference in Phoenix. Innovation, unique property design and top-notch service are some of the factors that luxury hoteliers need to deliver in order to become successful. Read the HotelNewsNow.com story here.