Availability Again Key Hotel Negotiating Issue | BTNonline.co.uk

Demand growth continues to outpace supply growth in the U.S. hotel market, leaving travel buyers in greater need of last-room availability and suppliers more likely to place higher premiums—or even limitations—on LRA agreements. With lodging supply meeting further pressure from hurricanes, condo conversions and a construction pipeline that has slowed to a trickle, the past decade witnessed a rash of consolidation and...