TSX:HOT.DB.V - Post by User
Post by
ckwongon Nov 08, 2021 8:17am
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Post# 34098806
American border is opened for Canadian tourists today
American border is opened for Canadian tourists todayNot sure how this will affect the revenue of HOT.UN when American opens the border for Canadian. Usually traffic generate business. Hope HOT.UN can net some of traffic.
One thing comes to my mind that may improve the efficiency of HOT.UN's operation. HOT.UN implements a number of measure to reduce operation costs. Not sure how much of these could continue. From the report, the saving are significant but it involves reduction of service and closing down part of the hotels. Some make sense all time, some may not able to do all the time.