'Home away from home' is hoteliers' newest theme
BD+C
AUGUST 1, 2018
Global travel spending hit $1.6 trillion last year. That spending feeds the hotel industry. Last year, the U.S. alone opened 975 properties with 116,838 rooms, had 1,544 hotels with 200,632 rooms under construction, and another 1,506 hotels with 177,849 rooms in early planning stages, as estimated by Lodging Econometrics. “Economic fundamentals appear strong enough to support tempered growth in the hotel space without any additional stimulus,” says Scott Lee, AIA, LEED AP, President and Principa
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