Connect With Us

Effects of Rate Cutting


Some more reading material:

A story from Bloomberg says hotel operators will need four years to get back to 2008 rate levels after slashing prices this year. The story also says this year may be the lowest annual occupancy level in 20 years. It seems as if everyone's warnings were correct: Occupancy keeps falling even as rates come down, so cutting rates is the worst thing you can do. I guess the lessons from 2001 weren't learned as well as we had hoped.

Please or Register to post comments.

Blog Archive
National Real Estate Investor Related Sites

Sponsored Introduction Continue on to (or wait seconds) ×