John Nallen on hospitality industry
From "It's hard to get to terms with what we've done": John Nallen on Grand National hero Minella Times · · RacingTV
“No industry has been hit harder than hospitality through the last year or 18 months.”
On , John Nallen, President & COO at Fox Corp Class B, spoke about hospitality industry during "It's hard to get to terms with what we've done": John Nallen on Grand National hero Minella Times on RacingTV.
About John Nallen
John Nallen, president and COO of Fox, spoke about his involvement in horse racing following the success of his horses Minella Times and Minella Indo. In an interview with Racing TV, Nallen described winning the Grand National as "unbelievable" and "what dreams are made of," adding that it was "hard to get to terms with what we're doing." He explained that he began buying and trading horses in the 1980s, noting that he could not afford to keep racing them and that trading was necessary to remain in the sport. Nallen also discussed the impact of the COVID-19 pandemic on his hospitality business, stating that "no industry has been hit harder" and that he had been moved to tears by the lack of customers. Nallen emphasized the emotional significance of the wins for his community, saying the victories provided a lift to people in his area. He reflected on the process of buying and selling horses, remarking that "you sell your product and you wish the best to the next man" and that he does not regret not holding out for more money. Nallen also encouraged potential buyers, stating that "you don't have to have a huge checkbook" to participate in the point-to-point scene.