The entire hospitality industry is being affected by this pandemic in an unprecedented way. Many hotels may have no guests, and no revenue. This forces us to make tough decisions. Temporarily ceasing operations may be the best financial option for many of us. I am sure many of you have already temporarily closed. If you have a franchise agreement, it may place restrictions on how you can temporarily cease operations. We recommend reviewing your agreement prior to making the decision to see if ceasing operations breaches your franchise agreement. Even if it does, many hotel chains recognize the hardship that the Covid-19 pandemic has created and may be wiling to waive a technical breach in these extraordinary circumstances.