Construction spending for taverns ...
Construction spending for taverns and motels jumped an estimated 17% last year and will expand more than 20% the two this year and next. smooth so, this is a unobtrusive market expansion compared to the tripling of lodging construction spending from 1994 to 1999 All of the market drivers are extremely robust Room demand rose an estimated 4% last year; another 3-4% gain is anticipateed in 2005. Credit the rapidly growing economy and the fading of the 9/11 travel phobia. apartment supply has not kept up with demand, rising simply a little more than 1% last year, while inn occupancy ...
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