After several years of sharp decline during the recession, lodging construction continued its solid comeback, growing 18% in 2013. This market is also expected to grow an additional 10% in 2014. According to Smith Travel Research, Hendersonville, Tenn., the number of rooms under construction in 2013 was up 11.6% over the previous year in May. Lodging Econometrics, Portsmouth, N.H., forecasts the opening of 591 hotels with 66,102 rooms in 2014. (Click here to see Lodging Construction ...
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