The boutique hotel sector in Central and Eastern Europe (CEE) is proving immune to the worst effects of the current credit crisis, according to James Doran, director of sales and marketing at MaMaison Hotels and Apartments, a brand of Orco Property Group. 'I'm not saying we’re recession-proof, but especially on the boutique hotel side we're less vulnerable. There are two reasons for this, Doran claims: 'We're talking about smaller properties, and from a price perspective, this part of Europe is still relatively attractive for the tourist market, including from the US.'
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