Michelle Russo, our CEO, outlines the significant impact of the ongoing tariff war on the hotel industry. Managing a $12.5 billion portfolio, Michelle discusses how economic uncertainty, supply chain disruptions, and shifting travel patterns are shaping the way hotels approach revenue management, marketing, and cost containment.
Key takeaways from the article:
– How tariffs and trade tensions are delaying bookings and affecting international travel
– The proactive steps hotelAVE is taking to manage costs without sacrificing guest experience
– Strategic adjustments in marketing to target more domestic travelers amidst geopolitical challenges
As the landscape evolves, Michelle’s insights offer valuable strategies for hotel operators to navigate these turbulent times. Check out the full article to dive deeper into these crucial industry developments. 👇
