CITYROCKZ

"Because of the recession, this year has involved even more travelling than usual," he says, sipping a Coke in the steel-and-glass lobby bar that is central to the hotel's new look. … While Mr Cosslett has been racing around the world to
keep spirits high, IHG's spread has also helped mitigate at least some of the effects of recession. The financial crisis has certainly hurt the hotel industry: high-margin business travel has been decimated and prices slashed as a …

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