Exchange rates, visas affect European hotels

Exchange rates, visas affect European hotels
A 15% increase in online queries might result in a 2% to 3% increase in hotel bookings, according to Google's Nigel Huddleston. The Arab Spring has been a boon to some Mediterranean destinations, while the quest for Chinese travelers lies in providing …
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Spaniards protest creation of Vegas-style casinos
Around 200 people in downtown Madrid are protesting a project that aims to build six casinos and 12 hotels and create jobs in a country where unemployment is more than 20 percent. Madrid has been selected by Sheldon Adelson, 78, and his company Las …
Read more on BusinessWeek

Spanish banks weigh up industrial stake sales
Traditionally, Spain's savings banks – established centuries ago to help farmers in times of poor harvests – had strong regional identities and often bought stakes in the local industrial companies they funded. Politicians appointed the savings banks' …
Read more on The Guardian