SAN DIEGO – Expect 2009 to be a tough year for the lodging industry. That was the message that kicked off this year’s Americas Lodging Investment Summit, held here.

James E. Burba, chairman of ALIS and president of BHN, recalled that at last year’s conference, the attendees “knew something was happening, but we didn’t expect it to be this bad.” Therefore, the focus of this year’s event was the outlook for 2009 and thereafter, he said.

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