Hoteliers say boom years are ahead for lodging industry

07/8/2013 | Hotel Interactive

Several panelists at the recent HI Connect Design conference in Nashville, Tenn., said players in the hotel industry can expect a strong growth market for the foreseeable future -- some segments more than others. A number of hotel executives predicted that properties in the select-service segment are well-positioned to reap the benefits of the industry's recovery as the segment sees stronger demand from consumers and hotel investors. "Focused-service is the place to be and not only with the road warrior. I think it's going to be with the leisure traveler too," said Rick Tomljenovic, chief operating officer of Tristar Hotel Group.

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