• Swiss Hotel chief warns of closures

The head of the Swiss Hotel Association has warned that a third of the country’s hotels are likely to fail in the next decade.

Hotelleriesuisse president Guglielmo Brentel told Swiss Info that 40% of the country’s 5,500 hotels accounted for 80% of its nights. He added: "The problem lies in structural deficits, lacking position, weak marketing power and lower costs. There’s always someone cheaper than Switzerland."

See the full story here:
http://www.swissinfo.ch/eng/business/A_third_of_Swiss_hotels_must_close.html?cid=23915146&rss=true

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