One cannot help the impression that Tahoe has not learned from

However property taxes declined 8.9% due to successful property tax reductions at two of our hotels, which improved margins by 49 basis points in the quarter. While lowering our property taxes was a great result, the significant true up reductions for 2017 will make for a more challenging comparison for this line item in 2018.Total hotel expenses increased 4.1% during the fourth quarter. While we continue to make progress improving the operating efficiencies of our hotels, wage and benefit pressures due to the shortage of workers and all urban markets will continue to be a headwind, which we expect will continue into 2018.

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iphone 6 plus case Rude Otto has a detailed post on his blog which we would like to recommend in this context for some local albeit biased color. One cannot help the impression that Tahoe has not learned from past errors and is, in fact, repeating them in Peru a country where landowners have stopped Newmont Mining (NEM) from building the Conga mine to name just one prominent example of locals gaining the upper hand over misbehaving North Americans.The bottom line as we see it: this management team has not yet arrived in the 21st century in their management of relations with their neighbors. This type of behavior might have worked back in the time when this management learned the ropes, but it does not pass the test anymore today.Actionable Ideas Gold (GLD) is shining bright as we put the finishing touch on this issue, as the autumn rally seems to be getting under way. iphone 6 plus case

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