This week the experts of the Wall Street Journal declared that the american recession will end by autumn this year. The entire world was affected by this crisis which might be one of the worst after 1929 and whose underlying cause can be found in "global imbalances".
One says the most affected were the middle and lower layers of society. Some emergent countries are said to be left out of it or have suffered few scratches, like Brazil and India. Now this is to be said in some years. But how did it affect the élite?(what we call in portuguese the cream of the society).
Well, want it or not they were affected, of course not as bad as it was for the "rest". Their fortunes were shaken by loosing some millions of francs, like in the case of some famous singers who got to loose even 120 million francs. Not a bit, right? Poor ones!
And what about the articles they and just they shop? Several companies whose products are destined to the rich were affected. Companies like Rolex, Dior, Dolce, Gucci, Rolls Royce, Aston Martin, and numerous others had a decrease in their fabrication and selling.
Other much affected sector was travel industry. Even the most luxurious ones had a decrease in their bookings. Switzerland, which does not live only on chocolates, swiss army knives and watches, is an example. This March hotels occupancy dropped 14% compared to the same month a year earlier. Some of them were even obligated to make sales (shhhh). It was the swiss Cesar Ritz that started the tradition of implanting very luxurious hotels in all big european capitals.
Inaugurated in 1865, one of the best and famous five-star hotels in the Interlaken called Hotel Victoria-Jungfrau had to put some of their rooms on "sale". Also known as a wellness hotel you can enjoy one of its cheapest rooms, now, for the mount of 250 sfr/person per night (instead of the average more than 1000 sfr!). For this price, it is included the nice spa area and if the weather permit, you can go swimming at the open-air saltwater Jacuzzi, or enjoy the steam room, the Finnish sauna, and bio saunas with active light therapy. You will observe at your arrival fine gifts and that though the hotel is more than 140 years old their hotel rooms are quite modern and well equipped.
Interlaken region.
As Hungarians say: az nem semmi.
So see you around in the corridors of the hotel or at the pool in the spa.
;)
One says the most affected were the middle and lower layers of society. Some emergent countries are said to be left out of it or have suffered few scratches, like Brazil and India. Now this is to be said in some years. But how did it affect the élite?(what we call in portuguese the cream of the society).
Well, want it or not they were affected, of course not as bad as it was for the "rest". Their fortunes were shaken by loosing some millions of francs, like in the case of some famous singers who got to loose even 120 million francs. Not a bit, right? Poor ones!
And what about the articles they and just they shop? Several companies whose products are destined to the rich were affected. Companies like Rolex, Dior, Dolce, Gucci, Rolls Royce, Aston Martin, and numerous others had a decrease in their fabrication and selling.
Other much affected sector was travel industry. Even the most luxurious ones had a decrease in their bookings. Switzerland, which does not live only on chocolates, swiss army knives and watches, is an example. This March hotels occupancy dropped 14% compared to the same month a year earlier. Some of them were even obligated to make sales (shhhh). It was the swiss Cesar Ritz that started the tradition of implanting very luxurious hotels in all big european capitals.
Inaugurated in 1865, one of the best and famous five-star hotels in the Interlaken called Hotel Victoria-Jungfrau had to put some of their rooms on "sale". Also known as a wellness hotel you can enjoy one of its cheapest rooms, now, for the mount of 250 sfr/person per night (instead of the average more than 1000 sfr!). For this price, it is included the nice spa area and if the weather permit, you can go swimming at the open-air saltwater Jacuzzi, or enjoy the steam room, the Finnish sauna, and bio saunas with active light therapy. You will observe at your arrival fine gifts and that though the hotel is more than 140 years old their hotel rooms are quite modern and well equipped.
Interlaken region.As Hungarians say: az nem semmi.
So see you around in the corridors of the hotel or at the pool in the spa.
;)
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