dradya

29.12.2021 16:55 •  Английский язык

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-affected
-concentrate
- executives
- hospitality
- hotel
- chain
- lighten
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…Today on our radio programme, I'll be discussing changes in the industry, and what one local is doing about it.
The strong economy means more tourists than ever are coming to New Port City, which should be good news for our hotels. But in the hotel industry say that problems in the property market have their ability to do business. The Eaton Group, the owners of five hotels in the New Port City area, have decided to sell their properties and on their core business, operating the hotels. Darren Eaton, the CEO of the Eaton Group, says selling their property and focusing on managing the hotels will help their balance sheets while raising capital, which he says is the best for the long run. Eaton has said the main financial goal for the coming year is to reduce their debt to improve their debt-to-equity .