The scope of gaming’s impact on the hotel industry depends upon whom you ask. If you’re a mom and pop independent, a small franchisee, or you operate Disney (or another company where gaming can have a negative impact on your bottom line), you would most likely conclude that casinos are threats and/or competitors. That potentially includes competition for clientele, direct revenue, and indirect revenue. As you’ll read in our expert panelists’ comments, for example, lost convention revenue is a significant piece of this equation.
In stark contrast, many big hotel chains hope to see gaming come their way, and even join forces with the casino companies. From a revenue standpoint, there is no greater partner than a casino occupying your first floor, with your hotel rooms directly above the action.
via Examining National Trends to Predict the Future of Gaming in Florida , by Marc Stephen Shuster.
