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.