Thomas Magnuson

The rapid collapse of Silicon Valley Bank in the U.S. and the subsequent Credit Suisse bailout has led to creeping fears of a recession and concerns among businesses of all sizes about their ...

Between the 1950s and the year 2000, hotel owners wishing to expand business beyond their local community had two options.

Before 2001, the hotel industry was stable. Owners dealt with seasonality and some occasional minor economic swings, but they could always count on a rebound.