Originally Posted by
ridefar
I have to agree with you here... I wonder what % of the hotels in the Maldives (just to pick a for instance) will survive? How about Bali? Or Thailand? How many new-ish places can survive without sufficient revenue to service their debt?
It seems hard for them to survive. But even with a bankruptcy it doesn't mean they will disappear. Most likely the properties will be sold and re-opened. If there will be substantial changes regarding service etc is another question.