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The coronavirus crisis hit independent hotels just as hard as their branded counterparts but many of the unaffiliated assets were able to quickly shift to survival mode, cut costs and generate revenue by implementing creative business strategies.
Independent hoteliers featured in Episode 323 of Lodging Leaders podcast say being unencumbered from brand mandates and rules allow them to make crucial decisions that enable their businesses to survive and in some cases thrive.
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The coronavirus crisis hit independent hotels just as hard as their branded counterparts but many of the unaffiliated assets were able to quickly shift to survival mode, cut costs and generate revenue by implementing creative business strategies.
Independent hoteliers featured in Episode 323 of Lodging Leaders podcast say being unencumbered from brand mandates and rules allow them to make crucial decisions that enable their businesses to survive and in some cases thrive.