SodaPDF-converted - (English (Auto-Generated) ) The Hotel Industry - From The Humble Inn To A Multi-Billion Dollar Business (DownSub

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Hotels a global industry emerged from

humble beginnings in the 1800's American

architect Isaiah Rogers designed and

built the Tremont Hotel in Boston

Massachusetts which brought about many

firsts from free soap to bellboys and

even indoor plumbing by the 1920s

immigration and explorations or

passenger liners grow ever bigger for

those with the means far-flung food

fashion and fun were within reach

and hotels thrived around the world

iconic then iconic now the post-war

consumer boom set in motion the world's

appetite for foreign holidays and a long

cane Club Med which popularized sun sea

and sand

global wonder last took off with the

first transatlantic passenger jet flight

which opened international borders and

the modern traveler was born in the same

decade hilton install television sets in

its guest rooms and room service emerged

by the 1960s hotels as we know them

today began to take shape

it's 1983 as the world traveled the

hotel real-estate market began to


blossom on the other side of the world

hotels and pubs became a popular

investment asset and advice was in

demand by the late 80s hotels had

captured the attention of global

investors in a notable deal British

conglomerate grand metropolitan sold the

Intercontinental Hotel Group to Japanese

companies Seibu saison group for more

than two billion dollars having bought

it for much less just seven years

earlier while the world travelled the

hotel's market followed suit

this was just in time for the internet

revolution which put hotel rooms on the

web online travel agencies took off a

new millenium an high-fashion

paved the way for designer hotels the

surge of boutique and design brands

satisfy the lifestyle of a new

generation

the industry is moving at warp speed

with affordable travel and luxury hotels

firmly established investors were

attracted to a new segment the mid-tier

brand for million rooms globally exists

today and Counting Asia Eastern Europe


South America the Middle East diverse

and dynamic cities thrive in all corners

of the globe a new investor emerges from

financial crisis and the capital flowing

into hotel real estate picks up pace

again proving that the price is right a

busy century for the hotel's business

but we're not done yet

there are territories yet to be explored

and technology social media and the

shared economy will continue to shape

the future of the industry this

exceptional story is far from complete

join us as we write the next chapters

you

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