Operations
Primary
Apr 23
Michigan's consumer confidence index just cratered to a 27-month low, and if you're running a leisure property in the $150-250/night range that depends on weekend drive-to traffic, the booking pace you're looking at today is about to lie to you.
The April consumer sentiment index crashed to 47.6, gas just broke $4.16, and every major airline raised bag fees in the same two-week window. If you're a revenue manager looking at current pickup and feeling okay about summer, you're reading the wrong line on the report.
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