Tumultuous Week in Europe's Airline & Hotel Industries

It’s been an up-and-down week for Europe’s airlines and hotels. Air France KLM took a big step forward when they appointed Christine Ourmières as their new vice president and general manager in the U.S.—the first female to hold this position. But RyanAir some raised eyebrows when they announced that they were considering selling “standing room” seats on stools, and British Airways’ staff rejected their cost-cutting measures that would have cost thousands of jobs.

The hotel scene in Europe fared better, with the Royal Palace in Évian earning its fifth star, becoming one of the few hotels in France to hold this distinction. In Greece, the number of name-brand hotels has grown, with 19 percent of the total room capacity being affiliated with one of 113 brands, up from 17 percent four years ago. Hungary, meanwhile, announced that it will see a Vegas-style Hard Rock resort and casino by 2012.

Let’s see what this coming week will bring…

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