You build a hotel and it’s going to be there for the next 50 years. In that time you are going to have economic cycles that go up and down, you are going to have trauma that the world experiences. You have to have to put your business model in place, where you can get through the good, the bad and the ugly. So, your whole purpose of developing a longterm business plan is to under stand, that is what you’re facing. The people that we have partnered with, these are professionals who know the real estate business really well.
Source: The Mint
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