6 Ways to Turn a Crisis Into an Opportunity

HotStats | September 8, 2020

When a crisis strikes an industry, most hunker down to reduce damage. Amid the chaos, it’s easy to overlook the opportunities a crisis turns up. As a hotelier, you don’t have to sit back and absorb financial hits. There are ways to go on the offense. Wondering how? We’ve picked out six ways to transform unexpected market turns into profit and exit a crisis in a stronger financial position than ever. Turning a Crisis into an Opportunity  In the middle of a panic, there’s a simple fact most hoteliers overlook: If you can quickly adjust to the new conditions, you’ll be set up to outdo the competition. Here’s how: 1. Esta...