Hope And Reassurance

There is retail and, I think, hotel construction creating a racket just across the street from my office in Oak Brook, Illinois. It is really nice to see that each day as I come to work. It gives me hope and reassurance.

On the front page of hotelsmag.com we are featuring the new Missoni from Kurt Ritter and his team. Look through our development channel and find more deals, openings, etc. The big brands are not admitting defeat as just this week at the NYU conference they were filling everyone’s ears with boasts about pipelines and opportunity. Even smaller players like Kimpton have a war chest to source what could be great deals. Other entreprenurial hoteliers like Puri, Carlos Lopes and too many others to name or even remember sense opportunity to better manage, create and grow the business. You see, the hotel industry is not completely stifled.

I know the industry is shaking its collective head, wondering when the bleeding will stop. It could very well take a few more years. But just keep in mind at least some things are moving forward. Maybe this slow yet meaningfully positive momentum eventually is going to bring us out of whatever this is we are in. Keep the faith and enjoy the weekend.