West Coast hotels trading strong on robust performance, exec says

03/13/2014 | GlobeSt.com

R.D. Olson Development founder and CEO Bob Olson attributed the rise in lucrative hotel deals along the West Coast to the region's strong performance, which has risen to 2007 levels. "The coastal markets have come back pretty robustly, driven largely by the economy turning around," said Olson, who also said he expects the West Coast to see significantly more hotel construction, with new hotels replacing the old in some instances.

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