Data experts share mixed signals at NYU Conference | hotelnewsnow.com
Except for the lack of dramatic growth in average daily rate, the performance of the U.S. hotel industry during the past 18 months has been, by most accounts, solid. That’s what makes Randy Smith, chairman and co-founder of STR, the parent of HotelNewsNow.com, nervous. Speaking Monday during the 34th Annual New York University International Hospitality Industry Investment Conference at the New York Marriott Marquis, Smith pointed to a trend...