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Old Mar 3, 2009 | 7:17 am
  #11  
BigLar
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Originally Posted by cyberdad
...although some of the cost-cutting is becoming a really serious concern for me.
Yeah ... and profit hemhorraging is becoming a serious concern for Marriott, too.

We know that Marriott actually owns/runs very few of their properties. For an individual hotel, working harder to attract/maintain customers for when the inevitible turnaround occurs is a bit fuzzy compared with their situation today. So, cut costs no matter what is sort of the order of the day.

I think the same mentality is in place in Hilton, SPG, Hyatt, all down the line. I hear rumors of SPG being generous and so on, but I believe the reality is we're all in for a rough ride.

For me, I try not to whine like I used to.

But it's hard.
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