Select-Service Hotel Boom: Pros & Cons | businesstravelnews.com
In 2014 and 2015, select-service rooms accounted for 70 percent of all rooms added to U.S. supply, according to STR. As of February, select-service comprised 67 percent of the U.S. pipeline. The industry’s steady trend toward select-service may not be great news for corporates that rely heavily on large meetings hotels, but for some programs, the growth of these properties could prove to be a boon, bringing more diverse, higher-quality...