Hospitality Inndustry Experts At Your Service
Yes – there is always a running analogy here…
The Q2 Earnings Season is over and all reports are now into CNBC and the results are all the same – Good earnings based on cost cutting, NOT revenue growth.
How’s it all relate to your Inns ( and my running?)
By now you have already cut your expenses to the bone (hopefully) so IF this is the only strategy the DOW and Wall St. can offer – you are in trouble.
IF I want to improve my times for the last 5 marathons of the year, think I should cut down the number of hours I train per day?
The true bottom line is this:
WE all have to focus on how to improve Revenues (or miles biked per day!)
WE - none of us – are going to be listed on Wall Street, but we should heed the lessons of the Fortune 500 and…do better!!
by Jim Miller
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