This a a good overview of what is happening today..
he Marginal Impact of Changes
Difficult trading conditions are good opportunities to reconsider basic business principles which have stood the test of time but have recently taken a backseat given the continuous emergence of new management techniques. Most hoteliers have understood that the current environment coupled with an uncertain future requires them to make appropriate decisions in order to mitigate the impact of soft demand and low yields on bottom line.
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