While hospitality generally lags be...

While hospitality generally lags behind the overall economy, downtrends are already noted in progression in a continuously ascending gradation and occupancies. Fewer inns are in "active development" early this year, having dropp at as many as 320 contrives and 61,500 rooms in the fourth quarter of 2000 according to Lodging Econometrics, a Portsmouth, N.H.-based [i]cabaret[/i] analyst. Defined as projects beneath construction or in permitting, 1591 shoot forwards and 222,871 rooms were in succession line at year's cessation a drop of about 20 percent from the third quarter.

This is the in the greatest degree dramatic slowdown since the Russian/Asian