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Wednesday, March 3, 2010

Hotels approaching point where they can't cut costs anymore; do you agree?

I've been pondering the question for a while but decided to bring it up again after hearing Harmit SinghHyatt Hotels' chief financial officer - tell Wall Street analysts that "we are at end of the runway in terms of expense cuts."

Barbara De Lollis wites for USA Today, and brings up a Critical Point that I myself have wondered?...

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