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Good Time for Luxury Travel

Tuesday, 27 Oct 2009 | 7:31 PM ET

Luxury customers are still traveling but the industry has seen slow growth in all segments, says Simon Cooper, president and chief operating office at The Ritz-Carlton Hotel Company, speaking to CNBC's Martin Soong, Sri Jegarajah and Karen Tso. He also sheds light on Ritz-Carlton Reserve, its new boutique-style brand.