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Re: Cowboy200009 post# 321

Tuesday, 06/08/2010 12:34:50 AM

Tuesday, June 08, 2010 12:34:50 AM

Post# of 425
lets hope those hotels become profitable. The properties acutally have great potential. i think TRMPQ has no involvment in the Vegas casino, but im not totally sure. Hotel business is a tricky one. The ultimate problem is the wear hotels take and than need to be rebuilt. i would encourage smaller more efficent hotels with salaried staff who are paritally paid thorugh stock ownership as well as housing included. coampnies need to carefully pick employees and ways to keep them long term. Hourly employees always cost allot of money and truthfully high staff turnover reflects a bad company to invest in. profitable companies tend to keep staff, encourage staff training and offer long term job security. The modern hotel industry remains very competative. Companies that have held a strong corporate ownership, good advertsing, and a well known name such as "motel 6" are probally better for long term investment.

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