July / August 2009
Editor's Page - The Summer of Discontent
Written by Rosanna Caira
What a difference a year makes. At this time last year the hotel industry was sailing through a summer full of optimism. Sales were strong, people were travelling and economic indicators were good. Then a not-so-funny thing happened on the way to posting another solid year — September hit, the economy began to tumble, and the tide turned for the worst. The last quarter proved to be dismal, and what should have been a vintage year became mediocre at best.
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