Hotel Chain Failures

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Hotel Chain Failures

The hotel industry....its about survival.
Unpleasant as it is.

http://www.hotelsmag.com/article/CA6643872.html?q=renegotiat ing+leases

"The survey shows that the sector is alive to the changes in economic
conditions. There will always be winners and losers. The winners are
taking advantage by asking us to help with renegotiating contracts,
even leases and recession proofing their businesses. They are
reviewing their corporate structures to make them leaner and fitter.
The losers are doing nothing.