Ouch! Pinch could tighten before grip loosens

The U.S. hotel industry might hit bottom based on some stabilization of demand, but the pinch that property owners and operators have been feeling during the past year won’t ease in the short term. That message from four company presidents who spoke during last week’s Southern Lodging Summit @ Memphis was clear and sobering; however, they did share some optimism that might have been missing had the panel discussion been held at the beginning of...