Occupancy rates have been slipping since mid-September, and while November through late January are typically slow for tourism, the current slowdown is more pronounced, said Bill Perocchi, chief operating officer
On Friday, the company cut 24 management positions and five hourly jobs from its payroll.
Can’t be all that bad news. Visitors may be stepping down to 2nd rate locations like Sea Breeze motel or Favaloro’s.