10/15/2013

Retail venues used to be anchored by department stores, but hotels are filling that role in some areas. The Ritz-Carlton, Tysons Corner in McLean, Va., which is next to Tyson’s Galleria, is a prime example of the trend. "The trend slowed to a crawl during the downturn, but with the lodging industry rebound it’s now regaining momentum," said Jim Butler, chairman of the Global Hospitality Group at Jeffer Mangels Butler & Mitchell, speaking at the recent Lodging Conference.

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