The Lazy, Hazy, Crazy Days Of Summer
Posted on
Friday, April 11, 2008
by DSLR MASTER
Laurence Geller
Outspoken, very relevant and always ready with a congent message for and about the global hotel industry, Laurence Geller, president and CEO of Strategic Hotels & Resorts, uses humor and controversy to get hoteliers to listen. His HOTELS' Insider blog is intelligent and revealing.
Gas at $76 a barrel;
airlines overbooked;
private plane travel reaching new highs;
GDP remaining healthy;
Wall Street bankers licking their lips over this year’s anticipated gargantuan bonuses;
transient travel strong;
families loading up the cars for trips;
exotic locations flourishing;
safaris so overbooked that the overtaxed animals are perhaps unionizing to try to get a day off from posing for the endless stream of amateur digital photographers;
room rates of US$1,000-plus not unknown;
house prices in the Hampton’s rising as arguments as which family has the best live-in chef rank high on the worry list of the investment bankers who have their obligatory South/East/West Hampton place;
the Dow Jones hitting 14,000;
Gen-X’ers traveling with at least one nanny;
celebrity chef restaurants in hotels flourishing;
boutique hotels becoming so commonplace that all of their design differentials no longer surprise, amaze, excite or even amuse;
a venerated global icon; Hilton, about to be in Blackstone’s stable (even if it is just for a relatively short term);
new lifestyle brands proliferating with the speed of summer allergies;
announcements of endless lists of franchised hotels about to be built numbing the senses;
the words sub-prime being a harbinger of doom for the housing market rather than a quality level for meat;
care for the environment and conservation the new watch word (does this doom designer water in an endless sea of plastic bottles?);
endless money raising for endless presidential primaries;
the Fed Chairman warning about inflation;
the dollar hitting new lows against the pound and the euro;
China and India being touted as the new Nirvana;
and the compound average growth rate for lodging supply being lower than most can remember.
Oh by the way there is still a war in Iraq and Afghanistan.
Well, it must be the lazy, hazy, crazy days of a slow summer.
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