NEW YORK (Reuters) - The Ritz-Carlton Hotel Co will close its five-diamond property in Las Vegas this May, after the hotel struggled with a slide in demand and revenue. "It's nothing the hotel did. It's a simple lack of business and a decline in the tourism industry," said Ritz-Carlton spokeswoman Vivian Deuschl. The owners of the 348-room property, Village ...

The Grand Del Mar in San Diego, The Setai in Miami Beach, Harraseeket Inn in Freeport, Maine, and The Palazzo in Las Vegas, are among the new properties that made Travel + Leisure magazine's list of the 500 best hotels in the world. The list also includes ...

The luxury travel market is bouncing back after a couple of difficult seasons, but today's well-heeled travellers are spurning the excess of the boom years in favour of authentic experiences. "2009 has been a challenging year for the luxury travel industry but we are seeing a recovery in 2010," Nick Perry, chairman of the magazine Ultratravel, told a forum ...