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Old Jul 18, 2020 | 9:24 am
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X-ON
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Originally Posted by hotelboy
It sounds like lots of owners are pushing for heads in beds. But as the industry as a whole leaned over the past two recessions is that lowering rate does not drive occupancy. You may see a very short term spike but it is not even a short term strategy.
To paraphrase the 1800s philosopher Friedrich Nietzsche when you stare into insolvency, insolvency stares back at you
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