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Elevate Real Estate Management Blog

Keeping the Lights On – Thrive vs. Survive

Posted by Marlene on Fri June 12, 2020 in Elevate Real Estate Management Blog.

For most resorts, hotels and nightly rental properties, the announcement of a global pandemic with severe travel restrictions struck a deep cord of fear, anxiety and uncertainty. Shutting buildings down and laying off staff seemed the appropriate action for the large majority to preserve cash flow and hold until COVID-19 restrictions were lifted. The OTA’s (online travel agents) cancelled bookings…. ‘We’re closed’ seemed to be the only message out there…

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