asked 203k views
4 votes
Describe the effects of the oil and gas downturn on the hotel and office space industries.

asked
User Khoekman
by
7.3k points

2 Answers

4 votes

Answer:

All the things the first guy said. I don't know do you still need more explanations or you ggod??

answered
User Kocodude
by
8.1k points
4 votes

Answer:

The energy downturn has challenged energy, oil, and gas companies to fundamentally reshape the environment in which they operate. Companies are divesting underperforming assets, investing in lower risk projects, and maintaining cost discipline as the price of oil is forecasted to stay lower for longer.

Step-by-step explanation:

answered
User Denis Cornehl
by
8.2k points
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