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Shangri-La Island Hotel: voted best business hotel in Hong Kong for the second year running |
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Airlines and hotels will tell you that last year was very challenging. It was in fact for many airlines arguably the most challenging year ever.
Revenues fell dramatically as the economic downturn and the events of September 11 led to a dramatic fall in business travel and overall passenger numbers. In the first few months after the terrorist attacks, many businesses, including Lehman Brothers, advised against all non-essential air travel.
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