Baltic Hospitality: Satiated with room space - for the time being
Nov 27, 2003
By Steven Paulikas
VILNIUS - While a quick survey of the Vilnius skyline reveals a panorama of intensive change, perhaps the most important alteration in the city's landscape of interest to visitors as well as city managers this year is the mushrooming in hotel capacity.Although experts agree that last year the Lithuanian capital was lagging behind its Baltic neighbors in the hospitality industry, with abnormally high occupancy rates and poor diversification in the market, the hotel scene in Vilnius now appears to ...
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