Economist forecasts “positive outlook” for hotel developers

Rate growth and occupancy levels are steadily rising, with the demand for leisure, group and corporate lodging on the upswing. In the third quarter of 2014 alone, the industry had 443,936 rooms planned and in development, and the favorable economic conditions, record-setting operating metrics, and a positive outlook for the next few years have combined to make this an opportune time for hotel developers. Read the 4Hoteliers story here