After a 1.2 percent year-over-year increase in 2024 U.S. hotel supply, the hotel development pipeline remains strong, particularly for projects in the planning stages, according to a new report from ...
The growth of hotel supply and changes in corporate travel patterns, including shorter trips due to hybrid work, are key factors affecting occupancy. Some hotel markets, like New York City ...
Of course, the big profit opportunities are landing art supply contracts with hotels that are being constructed or undergoing total interior renovations.
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