US EditionNew Survey: Majority of Hoteliers Scaling Back Development Plans
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New Survey: Majority of Hoteliers Scaling Back Development Plans
Rising costs and uneven demand challenges are placing a significant strain on hotel investment and operations, according to a new survey conducted by the American Hotel & Lodging Association (AHLA), the leading voice representing all segments of the hotel industry. The survey, conducted in late August, featured input from nearly 400 hotel property owners and operators nationwide.
AHLA Survey: Majority of Hoteliers Scaling Back Development Plans
WASHINGTON, D.C.—Rising costs and uneven demand challenges are placing a significant strain on hotel investment and operations, according to a new survey conducted by the American Hotel & Lodging Association (AHLA). The survey, conducted in late August, included input from nearly 400 hotel property owners and operators nationwide. Development and renovation plans remain under pressure, with 32 percent of respondents delaying projects, 24 percent…
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