Is the reopening trade already over played? We see news articles about labor shortages in these areas, how much of this is an actual covid issue and how much is wages etc? Will consumer preferences shift permanently from traditional resorts to longer term options as WFH becomes more permanent? Could this swing things back in favor small operators?
I'm watching labor news and seeing big corporations finally raise their wages. I have to wonder how much can the smaller guy compete? I saw a job posting for a front desk attendent at a motel chain. It paid $10 an hour in a mid size college town. It feels like those wage points won't survive if the corporate run hotels start offering the $15+ unions have been asking for years for.
Thoughts?
Submitted October 10, 2021 at 01:14AM by mrabstract29 https://ift.tt/3iMiVO5
