Pulse of the industry from the Phoenix Lodging Conference. Where are we now? Where are we going?

Hospitality Lawyer in Phoenix. The Lodging Conference 2008. Where are we now? Where are we going? Let's face it. Last week was essentially a financial panic in the United States -- particularly in New York City. The biggest danger to pedestrians was investment bankers jumping out of windows or defaulting on their Rolls Royce payments. New York City's financial crisis has rocked the world and the hospitality industry along with it. Here is the latest . . .

I was here along with 1400 of my closest industry friends to "find out what was happening" in the hotel industry. This has been a little like the final exam in the 10th grade. There were always a couple of people in the back who -- instead of working on their own exam -- were craning their necks to look at their neighbor's work. Except in this movie, EVERYONE is looking at their neighbor and NO ONE is working on their own paper! No one knows what to do. Here is the classic meeting of industry friends in Phoenix today as the Lodging Conference kicks off...

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