Quote:
Originally Posted by BroadHopper
Last summer the industry as a whole in the US was down about 40%. Which is about right as this is the US percentage of unemployed/underemployed and those who have given up looking. Also the stock market crash reduced available disposable income. I'm sure it is much worst this year.
Not only hospitality is down. Airline traffic is also down about 40%. I have rental property in CO and have not been able to rent it out a full ski season in two years. My CO neighbors are saying the same thing.
Last summer was the first summer I was not able to rent the Laconia condo out other than Bike Week. It is not just restaurants.
I use to go out all the time. Today, I rarely go out.
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BroadHopper are you in the hotel business? I work as a consultant for Hilton, Sheraton and sometimes Four Seasons and for the past 2 years my work has been cut in about 1/2. I guess that means more time at the lake
