Building a hotel now cheaper than buying one
Building a hotel in New York City may be cheaper than purchasing one, Bloomberg News reported, as demand from...
lodging econometrics
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Projected U.S. hotel openings decline
Source: Lodging Econometrics The number of U.S. hotel openings projected through 2012 now stands at a downwardly-revised 1,775, according to Lodging Econometrics’ third-quarter trends report, which attributed the sluggish performance to a continued lack...
Hotel construction starts reach record low
Source: Lodging Econometrics. Click the image for a larger version. Construction starts for U.S. hotels reached a record low of 80 projects with 8,566 rooms in the second quarter while the total number of...
Hotel construction down to record lows
Hotel construction is at a relative standstill as lenders continue to tighten their belts to ward off further commercial real estate losses, according to a revised 2010 forecast from Lodging Econometrics. The research firm...