@Fla_Pol@AGGancarski Wow! Who knew? Any increase in homestead exemption will place more burden on non-homestead property owners, predominantly landlords and businesses, regardless of the reduction in the cap. This burden will be passed on to the renters and consumers.
@Rambiguously@somehotelguy So true. Just sell franchises at any price. Some brands not even bothering to enforce PIPs. Yes I'm talking about you Wyndham and Choice
@PriteshSMB Depends on brand and occupancy. Could be $25 or could be 105% of ADR or pretty much anything in between. (Spoiler - it's normally towards the he bottom end of these alternatives)
@HLTCO One of the great lines on the pod this morning - To be fair mate I'm pissed.
I can think of many times when I wish I had the wherewithal to say that!
@HC15OnTour The worst end to a season ever. Lap of honour for staying up then relegated a few days later. This is why we are never safe until we are mathematically safe! Fucking Oldham
@PriteshSMB Welcome to the hotel business Pritesh! You make an incredibly important point. Out team members tend to only remember the moans and groans and it is important to point out to them that the vast majority of our guests are awesome people who love our hotel
@HLTCO It's incredible. Despite all the crap beforehand, it has been a brilliant tournament so far but Infantino cannot help himself. He has to tarnish it and now you know that every refereeing decision tomorrow is going to be scrutinized
@PriteshSMB Sadly, both of these are way in the rear view mirror and hotel rates have not risen in line with costs. For an individual family to own mid/upper midscale franchise hotels on a 80+% LTV is no longer viable. REITs who can absorb the cash flow loss will thrive
@PriteshSMB The simple answer to your question is it doesn't work. Over the years a highly leveraged hotel financing model has developed but it success relied on a number of factors, the most significant of which are lowninterest rates and low labor costs 1/2
🚨: Pierre Sage has insisted that Crystal Palace must break transfer records if he is to become #CPFC boss.
Top of his list is Lens top scorer Odsonne Edouard, who Sage believes would be sensational in the Premier League.
Sage has slapped a £100M asking price on the ex-PSG forward.
@PriteshSMB Hentschel has blocked me so I cannot respond to his latest reply. I love the irony of him accusing you of publicly attacking customers while he does exactly that. Lack of hospitality experience? I had my first job in a hotel kitchen in 1976
@PriteshSMB Ah! That's the problem. I get it now. Thanks to Mr. Hentchel for pointing that out. I'm sure the investors in our multiple properties will feel so much better when they hear this