New construction largely on hold, but opportunities still available

Adding hotels to the existing construction pipeline isn’t likely to for another year, and when such building activity revives, it’ll more often happen in the limited-service and economy segments, said North American developers, construction specialists and consultants. At the same time, opportunities for new-builds in the US$3-million-to-US$10-million range are available, particularly if you follow the interstate highway system, as Holiday Inn...