Shawn Lynch, Photographer
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New York | New York | USA | Posted: 5:12 PM on 02.02.10 |
->> This is an excerpt from an article in Fortune's January 2010 issue called "Winter Beach Getaways."
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During the last consumer-spending crisis, after 9/11, hotels learned a tough lesson: If you lower your rates, it's very, very hard to raise them again.
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I know this is something that's been said here before, but definitely is worth repeating. Not sure if there's a link to the article online, b/c I didn't look for it. |
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