‘It’s like being in a horror movie’: How hotel stocks are collapsing

Australian Financial Reviews article The Australian Financial Report, released today, shows the number of hotels and guest rooms in Australia has collapsed in recent years as competition from cheaper foreign rivals has led to a decline in hotel stock.The report, based on data from the Australian Bureau of Statistics, shows hotel stocks have collapsed in […]

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When is your hotel supply going to get a new coat of paint?

craster Hotel supplies are making a comeback thanks to the new paint-based coatings.But how long will it take for the supply to be completely replaced?“It’s really hard to predict,” said Chris Williams, senior manager for hotel and restaurant supplies at Craster.“You don’t want to wait too long.So if you’re a long-term customer, you want to […]

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