Hotel Owners Looking to Stay Current Put Money in Properties | NYtimes.com
Investing at record levels, owners of hotels across the United States are doing everything from rewiring their rooms and buying smart TVs, to replacing bathtubs with more easily maintained walk-in showers. These represent some of the latest capital expenditures by American hotel owners identified in a new survey by Bjorn Hanson, a professor at the Tisch Center for Hospitality and Tourism at New York University, who estimates that this spending will climb to $6.4 billion this year, up 7 percent over last year.