(03-23-2020, 08:38 PM)fenders53 Wrote: Not that anybody needed to be told this, but hotel losses are going to be horrendous. Cruised the the Hilton parking lot. It's a small Hilton, but three cars in the parking lot. We'll assume all the help walked to work so maybe three rooms booked in a six story hotel. That's rough.Yeah it's very bad in hospitality. Got an email from the restaurant we hosted our wedding reception in. They are asking for donations or buy gift cards to support their 60+ staff and their health insurance. Once this is over, will be eating out more and spend more money on small businesses even if I might not need it. Just to help out the economy.
Saw on CNBC the VTR is paying out their Div. I don't own it but that's awesome news for those of you who do.
China did something great recently. They have requested all of the citizen to go out eat more and travel more within the country. They have created hashtags on social media for places they feel might need more oil for economy to recover and requested citizens to visit those areas. I hope and wish govt all arround the world do that. No better way to cure the economy than kick start at micro level.