UK Only Article:
Time to fix patents
The hotel industry
Hotel chains are thriving, for now, thanks to innovation and a bit of luck
THE 41-storey clock tower at Five Madison Avenue was once the domain of insurance clerks working for Metropolitan Life. Now, the building in New York is a swanky hotel, called the Edition, where beautiful people air-kiss in the lobby. The hotel sector has undergone a similar switch from toil to glitz of late. Arne Sorenson, boss of Marriott, an American hotel firm that owns the Edition brand, says that business has rarely been better.
The hotel industry ought to be in a worse state than a hung-over guest who has drained the minibar. The financial crisis caused commercial-property prices to collapse and rooms to remain vacant. Hotels have suffered relentless disruption from the internet. Online travel ...
KARIM EL SHARKAWY, the boss of Tarot Tours Garranah, one of Egypt’s biggest tourism operators, clocks in every morning at the firm’s offices in Cairo, and expects his staff to do the same. Strict timekeeping is a new experience for his employees. But the company, like its rivals, is having to do all it can to contain costs as it suffers a fierce downturn with no end in sight.
A trek that ends up in a visit to the Dani people proves to be an enlightening experience as the villagers share their customs.