When Egypt loses $7.4 billion hotel supplies

A $7 billion hotel supply glut caused by a shortage of hotel beds has forced Egypt to suspend sales of hotel supplies, Egypt’s state news agency reported Tuesday.The hotel supply shortage has forced the government to delay or cancel several major hotel projects, such as construction of hotels and condominiums, the agency said.The World Bank […]

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How to buy and store hotel room supplies

In this Recode podcast, we’ll look at how to buy hotel room supply, how to use it to save money, and what to do when the supply runs out.1:30: Hotels Are Over-Supplied, but What Can We Do About It?The hotel industry is already struggling to find new room suppliers.As more and more hotels come online, […]

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