13. Relax, resorts are recovering
from Hospitality Net
May 16, 2013:
Conventional wisdom says that high-end resort hotels should be particularly vulnerable to economic recessions because of the discretionary nature of the expenditure. A review of upper-tier resort performance during the recent Great Recession found that these properties did suffer more than the average U.S. hotel in 2008 and 2009.
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063