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Buyers bet on record corporate travel to snap up resort hotels

Luxury resorts are back in demand as investors take advantage of the economic rebound and higher business spending

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The ice-skating rink at the Hotel del Coronado in San Diego, California. Major hotel groups have announced deals for high-end properties featuring amenities such as golf courses, tennis courts and large conference facilities.

Los Angeles

AT the Four Seasons resort in Scottsdale, Arizona, corporate customers crowd meeting rooms and bars as vacationers take "cowboy for a day" classes or relax in TV-equipped pool cabanas. It's the business travellers that attract Strategic Hotels & Resorts Inc.

The

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