| The recession is a ripple effect that has a powerful | | | | people provide since more than likely, hotels will be |
| sway over the economic sphere of the world. What | | | | understaffed. That is, if there are that many guests |
| is its specific effect on the hotel industry? Are a lot | | | | in the first place which is unlikely anyway. |
| of workers from this industry forced to leave their | | | | Hotels will most likely try to outsource their services. |
| jobs? Are their wages cut in half? If one is a traveler | | | | Of course, only the big named hotels can do this. |
| in need of accommodations or is a person looking for | | | | Small hotel Barbados or other Caribbean |
| a vacation hotel resort getaway, what can he or she | | | | establishments for example which are most likely |
| expect now that the industry is entering into this | | | | family owned will not have to outsource since it will |
| curious new global downturn? Are the effects the | | | | not be so lucrative for them to do so. This will solve |
| same for example for the big establishments in Las | | | | the staffing shortage. However, outsourced |
| Vegas as with the small hotel Barbados | | | | employees are most likely to be under trained and |
| establishments? | | | | there is a good chance that such employees will not |
| The answer to one of the questions above - will the | | | | be able to meet the usual standards of service |
| workers get laid off or not - is yes. Indeed, the | | | | excellence that the hotel has previously been known |
| industry is one that is a luxury. As such, it will really | | | | for. |
| get a big blow from the downturn since luxury is last | | | | Such is the fate of the hotel industry. It will mostly |
| on the list of people's budgets. Of course, the | | | | be the same everywhere. Business areas where |
| fastest way that a business can save money is to | | | | hotels benefited from business travelers such as New |
| get rid of some of its employees. The middle | | | | York, or Tokyo will have less business since |
| managers of the industry is most likely the first tier | | | | businesses will be cutting down on such expenses. |
| to get laid off especially since their presence or | | | | Sharing the same fate are the resort locations such |
| rather absence will not make a much of a difference | | | | as the Caribbean or South Africa, since the tourism |
| to the guests who barely notice them in the first | | | | industry will most likely dwindle as well because of |
| place. Then after that tier, that staff who is in the | | | | the downturn. Thus, whether it is a small hotel |
| front line of the industry will be the next one on the | | | | Barbados or the grand Luxor in Vegas, the industry |
| hit list. They are the room attendants, the desk | | | | will experience problems all across the board. Expect |
| attendants, the bell boys, etc. The hotel will | | | | lower rates especially in resort accommodations for |
| therefore run with only a few staff thus making | | | | the next couple of years. |
| guests wait a little bit longer for the services these | | | | |