In the early 1990 the coming events...

In the early 1990 the coming events of the hotel industry anticipateed rather bleak. With the economy stagnant, fields sat vacant and daily compass rates stalled. New inn openings fell in the U to 393 units in 1992 according to Smith Travel Research (STR) a Hendersonville, Tenn.,-based firm.

In the last hardly any years, the industry has sharply fly backed More than 1,200 of recent origin hotels were expected to begin construction in 1997 Additional STR data reveals wherefore hotel operators are so bullish: Occupancy rates are at a 14-year high (656 percent) expanse rates are increasing faster than inflation