Checking In: Should investors back the hotel market?
Hotels can be a lucrative line of business, but be warned: income can check out any time it likes, and those overheads never leave
By any standards, the hotel industry is a tough business. Even in a relatively benign economic environment it has tended to be a challenged sector, both here and in Britain, and indeed across the globe.
The revenue and cost dynamics are not hugely different across the board – but the performance between players is. By its nature, the industry is highly cyclical. So in hard times, companies operating in the sector need to be well...
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