ICEHOTEL – a frozen dream of Sweden

ICEHOTEL is a hotel built each year with snow and ice in the village of Jukkasjärvi, in northern Sweden, about 17 kilometres (11 mi) from Kiruna. It is the world’s first ice hotel. After its first opening in 1990, the hotel has been built each year from December to April. The hotel, including the chairs and beds, is constructed from snow and ice blocks taken from the nearby Torne River. Artists are invited to create different rooms and decorations made by ice. Besides bedrooms, there is a bar, with glasses made…

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Airbnb and Very Weak Business Travel Are Hurting Hotels – Bank of America

airbnb vs hotels

Julie Verhage, Bloomberg – May 20, 2016 5:00 am In a note published on Thursday, BofAML analysts led by Shaun Kelley cited a raft of pressures on the lodging sector, such as “soft” corporate demand, a glut of brick-and-mortar hotels, and pressure brought to bear by the Internet, including the rise of home-sharing startup Airbnb Inc. The team is downgrading Hilton Worldwide Holdings Inc., Hyatt Hotels Corp., and Hersha Hospitality Trust from “buy” to “neutral” and cutting RLJ Lodging Trust from a “buy” to “underperform.” The analysts estimate that the sector could see shares fall…

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