Hotel losses mount, hurting city’s coffers [SFGate]
Hotels stay booked amid recession [Examiner]

Recent Articles

Comments from “Plugged-In” Readers

  1. Posted by Rillion

    Yep, interesting spin on the same story and numbers.
    #1 (Sfgate) = It’s bad!
    #2 (Examiner) = It could be worse!

  2. Posted by tipster

    So we’ve changed from the “ownership society” to the “profitless society”, where the only way to stay in business is to mark everything down to zero profit.
    The hotels with an “image” that prohibits them from marking down their rooms for fear of damaging the brand are losing insane amounts of business. The other hotels with less of an image to protect are essentially marking rooms down to their variable costs, ensuring a return of zero.

  3. Posted by anon

    “So we’ve changed from the “ownership society” to the “profitless society”, where the only way to stay in business is to mark everything down to zero profit.”
    Yeah, but we’ll make it up on volume.

  4. Posted by gumby

    Yeah, but we’ll make it up on volume.
    And everyone has a share (of the Syndicate)

Add a Comment

Your email address will not be published. Required fields are marked *