LODGING Magazine recently published an article by Trey Webb, Partner in Bennett Thrasher’s Tax practice, that shares five steps hoteliers must take to keep their properties afloat as they wait for the coronavirus impacts to subside. His recommendations include:
Webb explains that while the hospitality industry is facing unprecedented challenges, there are ways hoteliers can still brighten their future if they properly consider and effectively act on their options. Acting on these steps could be the difference between booking rooms rather than facing bankruptcy.
For the full article, click here.
To learn more about how hoteliers can navigate the effects of the coronavirus pandemic, please contact Trey Webb by calling 770.396.2200.
LODGING is the official publication of the American Hotel and Lodging Association (AHLA). LODGING’s mission is to be your go-to source of strategic business and management content. In print and online, LODGING serves up the critical solutions used by thought leaders in the hotel business. You’ll find in-depth finance and development articles, design and F&B trends, and the latest industry news, all alongside profiles, interviews, and good pieces of advice from people all over the hotel scene who are doing interesting things to drive their businesses forward.
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