(We'll get the bad news over now. To read what opportunities the lodging sector can look forward to, come back to GlobeSt.com this PM.)
DENVER-The Lodging Industry Investment Council's annual member survey predicts a good-news-bad-news scenario for the market sector. Happily, the participants, who represent $20 billion in hotel investments, see the coming glass as more than half full.
Not surprisingly, the bad news in the LIIC Top 10—the list of coming opportunities and challenges that the survey results produce—seems to come at the hands of our elected officials. The survey was compiled by LIIC co-chairman Mike Cahill, who's also founder and CEO of Hospitality Real Estate Counselors.
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John Salustri
John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
