The Spanish hotel industry has predicted that this summer will be a tough one for the hotel industry. This is bad news, as the summertime is when the Spanish hotel industry makes a lot of their money. The prediction right now is that profitability will be down almost 15 percent compared to what it was [...]

www.travelodge.com
According to Travelodge, cost conscious businesses are now trading down from the high cost hotels to cheaper low budget hotels. This has caused a surge in bookings for companies like Travelodge.
Travelodge, which runs about 380 hotels in Ireland, Spain, and the UK, reported an increase of about 30 percent in revenue from business travelers. This [...]