does anyone know what the economic effects of the downturn on the economy means for the hotel industry?
Mar asked:
as in;inflation rates,unemployment rates,sterling and dollar value, price of oil etc.
as in;inflation rates,unemployment rates,sterling and dollar value, price of oil etc.
It means not as many people will be traveling. Means the hotels wont be as busy. Also those that do travel willl more than likely stay in discount motels and not the high end ones.