Strategic Hospitality Leadership
Russell Arthur Smith and Judy Siguaw
Make room for the boom
In the Asia-Pacific, economy or budget hotels are seeing a boom, writes Michael Issenberg in one of the essays included in Strategic Hospitality Leadership: The Asian initiative (www.wiley.com). Among the factors contributing to the rise are: the enthusiasm of a large proportion of the region's population for travel coupled with a limited disposable income for this interest, and the development of low-cost airlines.