By many metrics, the US economy is humming along. The jobs market is robust; consumers are spending again; and inflation has eased to a three-year low.
Revenues can certainly be lower than the costs to operate a property. That just means the business is operating at a loss, which is in fact happening to plenty of rentals as well as hotels.
Revenues can certainly be lower than the costs to operate a property. That just means the business is operating at a loss, which is in fact happening to plenty of rentals as well as hotels.