SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: DlphcOracl who wrote (55011)9/25/2001 5:53:15 PM
From: Tradelite  Read Replies (1) | Respond to of 57584
 
Dlph...agree for the most part, but there is one small angle there.

Marriott and some of the other hotels have taken a big hit, because of the closing of National Airport outside Wash DC, for security reasons. That part wasn't their fault, and had nothing to do with the economic downturn, and is a highly controversial issue with the local politicians, whose constituents are affected to the tune of billions in lost business and jobs, all tied to National Airport.

I got the impression from what I read about today's scheduled meeting that the feds wanted to know the extent of financial hurt to the hotels, but I'm not sure about that.

As I live close to the incoming flight path over the Potomac River to National Airport, it has been strange at night not to see the lights of plane after plane approaching for a landing and hearing the distant noise.

Instead, ever since September 11, we have been treated to the dull roar up above the clouds of jet fighter planes circling around the metro area in defense of the Nation's Capital. The drone is downright spooky, and you can never see the plane.

All I can think of is how much fuel these hulkers are burning up 24 hours a day. Wouldn't be surprised if OPEC agreed to cut the price of oil at the request of the U.S. government, just so it could afford to "fight" this "war".



To: DlphcOracl who wrote (55011)9/25/2001 7:15:54 PM
From: HerbVic  Respond to of 57584
 
If you bail out the hotel industry, where does it stop?

Why not, I got $300 relief this month.

Just kidding of course. :-)

Couldn't resist.

HerbVic