On the back of our recent article in ‘Hospitality Review Article‘ where Peter Nannestad looks at the topic of ‘Surviving the recovery’ look out for more articles coming soon.
Here is an excerpt from the article.
In recent recessions, notably in the early 1990s, the recovery has been as dangerous for hotel and restaurant businesses as the original downturn. Seasoned hotel consultant Peter Nannestad offers his survival guidelines: primarily that you cannot have too much brutal clarity about the figures in this industry.
A lack of mental arithmetic may condemn the new generation of graduates to repeat the experience of the last – or, from the lexicographers view of ‘manager’, the issue may be in the culture.
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