Felled by Foreclosure storms Hotels are clipping Costs to Survive
Hotels all over the country are cutting costs to try to survive through the crisis. In some cases they are even increasing the prices of of food and beverages at some hotels.
Felled by foreclosure storms, hotels are clipping costs to survive. Roberta Nedry of Hospitality Excellence informed that the employees are undertaking multiple tasks. Experienced concierges for instance have been replaced by inexperienced persons for less pay.
The administration has become stricter about turning off the lights, lowering the thermostats and closing down entire wings or floors as demand falls. Renovation and upgrading are being postponed. Paul Heney of Hotel & Motel Management said, “Many hotels just can’t go through with upgrades, say to flat-screen TVs in guestrooms, as soon as they’d hoped. A room may not see new furniture but instead get new bedding, lighting and the like.”