HOTELS' 2010 Forecast: It Won't Get Worse | hotelsmag.com
The good news is that 2010 probably will not be worse than what can only be described as a dismal 2009 for the hotel industry. The bad news: Few industry observers expect significant recovery until late in the year, and more likely 2011. When the recovery does come, analysts predict it will be driven by increased demand helped by minimal supply growth in the second half of next year, which in turn will eventually give operators the leverage...