Will the Hotel Industry Tiptoe Around the Election?

PHOENIX- Time and again, executives and brokers alike in the hotel sector of the commercial real estate industry have sheepishly cited the “wait and see” ethos that seems to be surrounding  the presidential election of 2012. And why not? Two very different candidates have very different policies, and nothing will be certain until we are all presented with the concrete knowledge of who will be leading the country for the next four years.

The hotel sector is not immune to these speculations – if you recall from the NYU International Hospitality Industry Investment Conference in June, even that far from the election, people preferred to pause rather than offer solid answers about where the industry would go for the remainder of 2012. As the Lodging Conference gets under way here, Driftwood Hospitality Management’s EVP Brian Quinn offered up a bit of insight into his company’s strategy and what he expects from the event this year.