With all the recent activity on Wall Street, we have been focusing our attention on the world's financial crisis and how it relates to the state of the hospitality industry. Recently, Mario Insenga, our CEO was interviewed by AskMando.com about the current financial crisis and the state of the hospitality industry.
During the AskMando interview, Mario sheds light and understanding of the marketplace to operations and management executives in the hospitality industry to raise awareness of alternative solutions to sustain during an economic slow down. He also addresses the instability of the current marketplace and insight into the future of this business sector with the current credit crunch.
This brief interview is a glimpse at what Mario will also be writing about in an in-depth article that will run in the January/February issue of this publication. In the article he will highlight major trends affecting the industry from economic conditions, cultural changes, and changes in traveler attitudes. He concludes with some personal predictions and insight for how the industry will adapt to evolve to ensure its continued success and profitability.
We encourage you to view the link of the interview and post any comments, we'd like hear your thoughts and feedback.
Labels: Credit Crunch, Cultural Change, Hospitality
