I didn't quite understand what exactly was going on with Richard's career when Samantha runs into him at the MTV party when she is with Smith. (Season 6 ; Ep 1 ; "Let There Be Light")

Was Richard no longer the "Hotel Guru" he was when him and Samantha were together ?

When Samantha & Richard are shown having sex he says : "Two years ago I was on top of the world. Now I'm hosting a beer bash for a bunch of pinheads with six pack abs. This is a world class hotel ! Fuck it. I've been down this low before."

And Samantha is obviously totally turned off and high tails it out of there.

So.....what's up with Richard ? Are we to believe he had fallen in his career ? I don't think they ever really follow up with him.