Originally Posted by
NoValueAviator
I sometimes wonder if protecting 175 NHs from reserve is the company’s way of ensuring we never achieve solidarity, but that’s probably just an accident on their part. That’s why I think cost-neutral is potentially an opportunity. This company is not helmed by particularly canny people. How about that NY hotel LOA? They totally stopped NFE hiring after a couple months of that.
It’s because there is growth on the 175, hence less reserve. In terms of managements decisions, I don’t give them that much credit. They are reactionary instead proactive and this spend money needlessly while not giving it to causes that actually matter long term.
Lead from behind as they say.