Corporate travel will likely fuel the hospitality, travel and leisure industry in 2012, according to a Deloitte survey. Specifically, 85 percent of business travellers surveyed expect to take more or the same number of trips this year. This presents a significant opportunity for hotels to win more corporate travel business in 2012.
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Opening a hotel business can be very profitable; however, the competition in this industry is usually very fierce. Not only should you have a large amount of capital to start this kind of business, but you should also expect a considerable amount of time to pass before pulling in crowds of customers to your hotel. Thanks.
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