Booming hotel industry is ripe for investment, experts say

05/21/2013 |

Some industry observers and hospitality leaders say investment opportunities are plenty in today's hotel environment, thanks to strong performance metrics and limited supply growth over the past few years. "The outlook is positive. Not only is revenue growth being driven by ADR at this point in the cycle, which is very profitable for investors, but after previous recessions we've seen surges in expense growth during the first few years of recovery," said Robert Mandelbaum, a director at PKF Consulting.

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