“It’s an Absolute Disaster for Our Industry” – Hotel CEO Monty Bennett Says He had to Cut 95% of Staff Due to Coronavirus Panic (VIDEO)

Hotel operator Monty Bennett, the CEO of Ashford Inc., went on with Laura Ingraham on Tuesday night.

The hotel, travel, entertainment and leisure industries are being decimated by the coronavirus virus and media-spun panic.

Monty Bennett told Laura Ingraham, “I had to cut 95% of my employees. Even 9-11 or the financial crisis, it took us 5 years and 8 years respectively to fully recover from those calamities. And this tragedy is worse than those two put together time ten. It’s an absolute disaster for our industry. Morgan Stanley recently put out a note that US hotels are the hardest hit industry.”

Let’s pray our political leaders do not allow this pandemic to turn into a national depression.

Via The Ingraham Angle:

Photo of author
Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

You can email Jim Hoft here, and read more of Jim Hoft's articles here.

 

Thanks for sharing!