Steve Van of Prism Hotels & Resorts Van’s advice to hotel owners: “Stay liquid, and be conservative.”

DALLAS—This past August, Steve Van, president and CEO of Prism Hotels, told that the reality behind the generally dour outlook for the lodging sector was far more nuanced than many industry observers would have us believe. Fast forward to March of this year, and Van sees the industry getting through the current uncertainty, even if the catalyst for much of that uncertainty—namely, the impact of the Trump presidency—could wind up being either helpful or harmful to the industry. Here, Van shares his current outlook with