Only some few years ago Lisbon was thought of by many as a strange and untidy place full of tumbledown buildings inhabited by poor people. This was certainly no good for the overall image of the capital of Portugal, all the more this country is often referred to as the 'Poor Man of Europe'. Much of the Lisbon's population found that the above is at least partially true, though still being proud of their bright and lively home city.
Lisbon Hotels Face Tough Times
Turkish Riviera to host ‘World Travel Awards’
European Hotel Industry Shows Steady Growth in August

Malmaison, the chain of boutique hotels, has reported it will participate in the development of a grandiose £1 billion (around US$1.85 billion) complex...
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09.02.2012
The reports presented at the World Economic Forum in Davos, Switzerland, show some optimistic forecasts concerning the nearest future...
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09.02.2012