Travel buyers hoping for relief from rising hotel rates might have a long wait. Employment growth is sluggish, the U.S. federal government is cutting back on spending and the eurozone remains in crisis, but negative economic signs do not appear to be kryptonite for a strengthening hotel industry. Such prognostication has proven wrong before. "Great in '08" and "fine through '09" were industry mottos just before the economic freefall began in 2008. But now, hotel companies, at least those in the United States, look stronger than they did even in those pre-recession salad days.

Read the full article at businesstravelnews.com