Steve Rushmore's Monthly article in Lodging Hospitality
The effects of the challenging economic conditions in 2008 on major gaming markets, as well as other significant events and developments impacting these markets, are briefly summarized in this article.
While it is important to take actions during a recession to respond to economic conditions, it is also important to know when not to do something that causes short- and long-term harm to an asset.
The downturn in the national and worldwide economies, and the resulting decrease in consumer consumption, has reduced visitation to the Las Vegas market in 2008 to levels not seen since 2004.
Unemployment rates are surging, global stock markets are crashing, commodities are collapsing, and the real estate bubble has finally burst. What moves can hotel developers make during the downturn?
Hotel owners need professional guidance in this tough economic climate. Here are some tips to help you weather the storm.
Financial Market Turmoil and Global Recession – What are the Signs for Hotels in Asia’s World City?
A hotel’s pet-friendly policies can bring both trials and rewards.
In a tough economy, when your marketing budget shrinks, you need to be careful about how you invest your money. The return on investment (ROI) for online marketing spending is faster than almost any other form of hotel marketing.
Group sales managers in hotels, convention and conference center, and CVB’s need to understand the reasons for lost business. This article presents a comprehensive approach to lost business analysis that helps increase group sales.