The U.S. hospitality sector has, until recently, lagged other commercial property types in the recovery from the downturn. Lenders and investors worried about the sector’s close relationship to the overall health of the economy as GDP growth stalled in the low single digits. Yet hotels are coming back in vogue as demand is spiking up just as supply growth has plummeted to a record low in 2012, according to panelists and attendees of New York University’s 35th International ...
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