Could be a trend too. I think I heard on CNN a week or so ago, that WalMart
reported the largest single month sales decline in 20 years or so.

Our business is level which, considering the addition of three major,
government-funded hotels in our market, we consider a "victory".

Of course, this comes after four years of double-digit growth, so
suddenly going flat "feels" like losing...

I think gas prices are really, really hurting the "common man". I've
got housekeepers and desk staff who have seen a HUGE increase in their
driving expense, with no compensating increase in wages. This
shortfall has to be made up somewhere -- so I suspect we're seeing Wal-
Mart (and other stores) get hit by the back wash.

IMHO, the big-box restaurant chains ("Applebees" and such) will get
hit the worst in an economic downturn. That's where a lot of
discretionary American income gets ****ed away nowadays, and it'll be
the first thing eliminated.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"