Hotel Asset Managers Seek Short-Term Fixes To Long-Term Operating Issues
Date: April 1, 2022
ATLANTA — The hotel industry’s major operational headaches around labor, pricing and supply-chain issues may be improving, but they’re not gone yet.
Hotel asset managers have put new strategies into play to alleviate the stresses associated with the lingering effects of the past two years.
On the labor front, asset managers (Paul Breslin from Horwath HTL, Crown Hospitality Consulting’s Amanda Chivers, CHMWarnick’s Larry Trabulsi, Pebblebrook Hotel Trust’s Sarah Gulla and Noble Investment Group’s Steven Nicholas) speaking on a panel at the recent Hunter Hotel Investment Conference said there has been an uptick in employees entering the industry, and employers need to be more committed than ever to create a work environment that retains people.
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