Yo-yo gas prices confound hotel business | hotelnewsnow.com
The price of oil and resulting gasoline prices have been on an up-and-down ride in the past year. Unfortunately, neither the up cycle nor the down cycle seem to be good for hotel owners and operators. There might not be any more volatile economic indicator in the United States than the price of gasoline at the pump. And, by extension, that measure historically has had a significant impact on the health of the hotel industry.