We’re not experts in the hotel business by any stretch of the imagination but we thought the idea was to rent as many rooms as possible in order to achieve a high occupancy rate. But we must be wrong. Recently we’ve overheard tourists being told that the hotel is 100% booked through the end of the year. On the other hand, we’re aware of rooms that have been sitting empty for months. These are rooms that were being rented prior to this summer, that is during Stanley’s tenure. Some of these rooms have been recently vacated by permanent tenants while others have long been transient rooms but mainly of the higher priced variety. What we’re asking is, since the demand is clearly there why are rooms sitting empty? Wouldn’t that diminish the cash flow?
We are truly a bit puzzled by this odd and seemingly inexplicable way of doing business. Does anybody else have any ideas? Send in your theories to the comments box.
Recent Comments