Boutique hotels surging amid overall industry growth

06/9/2014 | Travel Weekly

Panelists at the New York University's International Hospitality Industry Investment Conference last week pointed to a favorable supply-demand ratio as a sign of continued rates and revenue growth over the next few years. Also in New York, the New York Boutique Hotel Investment Conference saw boutique operators in an upbeat mood as the segment continues to outstrip the market's average $112 room rate and as hoteliers, encouraged by easier financing, begin to look beyond major markets for expansion opportunities.

View Full Article in:

Travel Weekly

Published in Briefs: