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Long Hotel Rally Losing Steam as Supply Swells, Business Travel Falls

  • 📰 WSJ
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

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A nearly decadelong rally for the hotel business is showing signs of petering out

Hotel owners in large cities say they are getting squeezed by weaker business-traveler demand, higher labor costs and a crush of new hotel projects that is weighing on room rates.To Read the Full Story.

Hotel owners in large cities say they are getting squeezed by weaker business-traveler demand, higher labor costs and a crush of new hotel projects that is weighing on room rates.To Read the Full Story
 

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Baby boomer supply and demand

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