Current pace of hotel construction starts is sustainable, observers say

07/15/2009 | Hotel Interactive

The economic downturn has forced many companies to postpone or halt the construction of new hotels. But some observers say construction starts in the industry are stabilizing. They note the number of hotel rooms in the planning or construction phases is down 15% from the peak but add the current pace of construction in the industry is sustainable.

View Full Article in:

Hotel Interactive

Published in Brief: