Luxury resorts face tough time

President of the Marriot Hotel chain Arne Sorenson says luxury resorts in the Caribbean may have a tougher time recovering from the effects of the weakened global economy, than the rest of the travel industry.



Hotels in the region have reported a drop in occupancy levels as a result of the global financial crisis.



According Mr Sorenson, some projects in the Caribbean may never rebound because they rely on the kind of lavish consumption that is no longer popular with travelers.



Marriott operates a number of properties in the Caribbean, including St Kitts, Trinidad, Aruba and the Cayman Islands.