Image Credit: Pavel Muravev The hospitality industry faces mounting challenges that threaten its long-term stability. From workforce shortages and rising costs to the increasing frequency of natural disasters and an unpredictable political climate, businesses must adapt to survive. Hotels, resorts, assisted living communities, condominium associations, and other hospitality-related sectors are grappling with evolving guest expectations, insurance complexities, and financial pressures. Common Thread was founded to help businesses and communities navigate these uncertainties by fostering collaboration, sharing expertise, and developing tailored solutions. Evolving Challenges Across Hospitality Sectors While each sector of hospitality has unique needs, common struggles link them together: Hotels & Resorts: Staffing shortages, fluctuating demand, and heightened expectations for personalized guest experiences require operational innovation. Independent Living & Assisted Living...

read more