Impact Of Sharia Law In Hotel Loss Hits $ 1.5 Millions!

The government of Brunei has introduced the Sharia law recently and the hotels in the United States are boycotting this law, which have been owned by the government of Brunei. The Beverly Hills hotel has been experiencing loss in hotel business, which stands at $1.5 million, at present. The Brunei government has many hotels and banks and other organizations in different parts of the world and in the Beverly Hills Hotels, most of the parties have cancelled their programs. The celebrities like Stephen Fry, Virgin CEO Richard Branson, and Ellen DeGeneres and many other leading companies. The hospitality business is one of the most profitable businesses in the United States and the United Kingdom and with the introduction of the sharia law; all the customers are against the law and they have started to boycott their programs. The agitation is expanding seriously and this may affect the global hospitality industry like caesars stock, in days to come. For FY14 caesars stock price has shown improvement by 0.15 points i.e. 83%.  The Dorchester Collection of ten hotels is in different countries and all of them have joined. The Beverly Hills Hotels, The Hotel Bel-Air in Los Angeles, London, Paris, Rome, Geneva and Milan. These luxury hotels were in pink condition, before the sharia law and now, these hotels have been experiencing only cancellation programs and no hotel bookings for the future.