Hospitality top 10 thoughts to watch in 2009 | Ernst & Young

The credit crunch, an increased focus on cost containment and the bottom line, leveraging brand recognition through the internet, globalization and green building are ranked at the top of the list. Discover which 10 trends are giving way to new order in the hospitality sector. The credit crunch, which began in the US in mid-2007, has gradually turned into a global economic crisis.

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The Hospitality practice at Ernst & Young LLP (“E&Y”) is the leading practice among the Big–Four public accounting firms. E&Y audits 37% of the sales of the top 100 hospitality companies in the United States. The hospitality industry must address an increasingly complex array of issues that include supply, demand, competitive, financing, and globalization.