Time To Line Up Your 2018 Goals

Larry Mogelonsky | December 27, 2017

By Larry Mogelonsky, MBA, P. Eng. (www.hotelmogel.com) Occupancies and rates have been steady if not growing throughout the calendar year of 2017. The 'natural' calamites (hurricanes, earthquakes, wild fires and the like) are regional anomalies, hopefully with rather short-term impacts and adequately mitigated by viable insurance policies. Before you pop a few magnums of Krug or Dom, let's pause for a moment. Hotels are not flash-in-the-pan operations. Physical structures are built with multi-generational use in mind. A good year or even a fantastic year does not mean that you are impervious to downturns. Hence, as we move towards the i...