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Welcome
to our Hotel Network!
Your non stop hotel reservation guide for Hotels in
Luxembourg. We
searched multiple suppliers for the best Room Rate available. Often
GDS (Global Distribution System) suppliers have different room rates, due
to the fact that they individually buy blocks of rooms from hotel chains.
Check
first our Last Minute &
Hot Deals where we put a Monthly update of all known LAST MINUTES! of
all Hotel Reservation Suppliers. This to get & let you informed about
all known Discounted deals in Europe!
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Founded in 963, Luxembourg became a grand duchy in 1815 and an independent
state under the Netherlands. It lost more than half of its territory to
Belgium in 1839, but gained a larger measure of autonomy. Full independence
was attained in 1867. Overrun by Germany in both World Wars, it ended its
neutrality in 1948 when it entered into the Benelux Customs Union and when
it joined NATO the following year. In 1957, Luxembourg became one of the six
founding countries of the European Economic Community (later the European
Union) and in 1999 it joined the euro currency area.
This stable, high-income economy features solid growth, low inflation,
and low unemployment. The industrial sector, initially dominated by steel,
has become increasingly diversified to include chemicals, rubber, and other
products. Growth in the financial sector has more than compensated for the
decline in steel. Services, especially banking, account for a substantial
proportion of the economy. Agriculture is based on small family-owned farms.
The economy depends on foreign and trans-border workers for 30% of its labor
force. Although Luxembourg, like all EU members, has suffered from the
global economic slump, the country has maintained a fairly robust growth
rate. On 1 January 2002, Luxembourg - together with 11 of its EU partners -
began to replace its circulating national currency with the euro.
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