1. Mayor’s plan to close the hotels and reduce footfall of tourists in order to protect the environment is a welcome approach since environmental protection is a major concern globally. It is important to support this plan as a responsible citizen even if it has certain impact on business. However the impact would be short term and not long term as per the scenario in question no. 2.
2. Hotel could still stay in business even while addressing to mayor’s plan. This would happen if the hotel owner sells off the property and buys a new land at a location which does not fall under mayor’s close off plan. However, the property would not be sold for the amount expected by the owner since its value would decrease as it comes under close off plot area. This would result in short term loss to the owner but eventually when more number of tourists visit the place, business would grow and revenue could be made out of the new property.
3. Even if the hotel owner faces loss, the loss is short term but the decision to support environmental issues is a big step which would result in better place for the residents of St. Tropez. So the hotel owner must not think about certain monetary loss but look at the bigger picture of saving environment.
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