Temporary closure of HOTELS due to Covid-19
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#1
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Temporary closure of HOTELS due to Covid-19
W - San Francisco https://www.sfgate.com/travel/articl...s-15138647.php Closing at Midnight tonight. (I was going to start a specific post, but then thought a general post would be better).
#2
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With the mandatory shelter in place order for the Bay Area it isn't surprising. I would imagine that unless a hotel has been conscripted or otherwise put into service to help with isolation/quarantines and/or medical care in The Bay Area they will be shutting down shortly.
--Jon
--Jon
#3
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Hotels in Santa Clara county are deemed "essential businesses" by the standards outlined in the "decree". That means they don't have to close, but if they choose to do so, they can. It's likely far more expensive to close than remain open, even with drastic low occupancy....meaning the risk of vandalism, arson, damage due to water intrusion from leaks, etc. would in many cases outweigh the labor to keep the buildings inspected, functioning and viable.
#6
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Closed: 3 of 4 Autograph Collection in Spokane
https://www.spokesman.com/stories/20...hotels-in-spo/
Temporary. All guests consolidated into the Davenport Grand Hotel. Occupancy is still terrible.
All would have been sold out for this weekend's NCAA tournament in Spokane. Things went downhill fast.
Temporary. All guests consolidated into the Davenport Grand Hotel. Occupancy is still terrible.
All would have been sold out for this weekend's NCAA tournament in Spokane. Things went downhill fast.
#8
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Have a stay at booked a hotel next month to be with a family member who's supposed to be getting a non-elective surgery, but who knows what things will be like between now and then. (Staying at an LAX property, and hopefully they have enough business to stay open).
Also this might be a good candidate for a wiki thread, so that people don't have to scroll through to find properties?
Also this might be a good candidate for a wiki thread, so that people don't have to scroll through to find properties?
#9
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Not quite closed but St Regis Doha has their inventory taken by the Goverment as a Quarantined Hotel for Locals.
#11
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It's likely far more expensive to close than remain open, even with drastic low occupancy....meaning the risk of vandalism, arson, damage due to water intrusion from leaks, etc. would in many cases outweigh the labor to keep the buildings inspected, functioning and viable.
Anyone who thinks this is just a temporary blip and that things will shortly return to normal is in complete denial.
Last edited by Kacee; Mar 18, 20 at 9:55 am
#12
Join Date: Aug 2018
Posts: 752
In several jurisdictions, especially in Europe and in most places where union contracts are in force, lock-out is not a viable option for hotels as workers are still due their compensations. Closing the property will not reduce overall staff costs (save maybe for overtime and bonuses and incentives). At the end of the day hotels will still have to pay salaries to the workers they sent home unless extraordinary legislation is adopted in the meantime.
#13
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This is off for two reasons. First you're assuming that closure means they're ceasing all maintenance. That's not a reasonable assumption. The second, and more important consideration is that payroll and debt service are likely their biggest expenses by a substantial margin. Ownership can't stop paying debt (at least not without losing the property), but they can cut payroll, so that's the single most effective thing they can do to stop the bleeding in the current environment. Nonetheless, without cash flow, it's safe to assume that many hotels which close will shortly be unable to service their debt, and will never reopen, at least not under current ownership.
Anyone who thinks this is just a temporary blip and that things will shortly return to normal is in complete denial.
Anyone who thinks this is just a temporary blip and that things will shortly return to normal is in complete denial.
Imagine the delight of an arsonist or any other criminal - dark empty building, perfect for them.
#14
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Hotels should know daily what their occupancy is, thus adjust staff accordingly for front desk, manager, security and minimum food crew if they are even s erving. A hotel I could assume could run with 5 folks or less if not serving food.
You could argue that having those rooms available for the city/government if things digress isn't a bad thing and will build good will for future concessions, wink wink.
I assume food service is something most could shut down, after all everyone in a "shelter in place" should have minimum expectation, if reasonable.
You could argue that having those rooms available for the city/government if things digress isn't a bad thing and will build good will for future concessions, wink wink.
I assume food service is something most could shut down, after all everyone in a "shelter in place" should have minimum expectation, if reasonable.