Hotel CEO's: Slow Recovery Will Prolong Lodging Seller's Market | businesstravelnews.com
Hotel company chief executives speaking here on Monday at New York University's International Hospitality Investment Conference said they see little threat to the hotel seller's market enduring for the foreseeable future, despite a particularly gloomy economic prognosis shared by one prominent real estate mogul. "We're in a very healthy part of the cycle," said Hilton Worldwide president and CEO Christopher Nassetta.