The Banking Crisis That Was and What Hotel Owners Need To Know
The Idea That Banks Are Always Stable Is Being Questioned
The rapid collapse of Silicon Valley Bank in the U.S. and the subsequent Credit Suisse bailout has led to creeping fears of a recession and concerns among businesses of all sizes a...
Independent Hotels Have Largely Shed 'Inferiority Complex'
Technology, Soft Brands Help To Even Playing Field With Hotel Industry Giants
Between the 1950s and the year 2000, hotel owners wishing to expand business beyond their local community had two options.
Hoteliers Can Regain Industry Control
Outsourcing Guest Acquisition and Thus Revenue Is an Odd Way of Looking at Business
Before 2001, the hotel industry was stable. Owners dealt with seasonality and some occasional minor economic swings, but they could always count on a rebound.