31 July 2003SINGAPORE - The boss of The Ritz Carlton Hotel Company
LLC has told TravelWeekly today that while "nobody
is immune" to problems like those currently being
experienced by Le Meridien, the high-end hotel group's
biggest challenge is to maintain its standards despite hard
times.
Ritz Carlton president and chief operating officer Simon
Cooper, speaking in Singapore, said that Le Meridien's
troubles were symptomatic of a turbulent few years for
hotel groups.
"We don't have too many locations where Meridien are in
direct competition with us, so it won't effect us a great
deal.
"But nobody is immune to this. With the pro formas that
were made in 1999 or 2000, in many cases there would now be
a significant gap, caused by such tough times for the
global economy in the last two years."
"The lesson for us as a company is keep doing things
extremely well. Maintain standards.
There's an enormous temptation during times like this to
erode standards.
"You can make costs savings of course, but it's
important that customer satisfaction does not suffer," said
Cooper.