
Hotels are Just Like Oil Wells...Well Almost
My degree in Hotel and Restaurant Management is once again helping me build TerraFina Energy. No, I have not decided to return to my first career in this soft market, but I have found that explaining how the hotel industry works has help those not involved in the energy sector make sense of the headlines. For this example, I am classifying the hotel industry into only four segments, the convention hotels with 1,000+ guest rooms, followed by large hotels with up to 600-rooms.