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Hotels Not Hitting Saturation Point

CHICAGO—Although some markets have seen a lot of growth, nationally the rate of growth is still below the historic norm.

By Brian J. Rogal | Updated on May 18, 2014

CHICAGO—The recovery of the hospitality industry has some operators and investors wondering when it will hit its peak and if the new supply coming online will saturate the market. At Friday’s THINConference, the hotel investment networking conference, held at the Chicago Hilton, several experts tried to reach a consensus on this and other topics at an afternoon session.

“Supply is becoming an issue,” said John Jameson, president, Jameson and Co., andsome markets around the US are seeing aggressive expansion. “I know of a 700-room hotel going into Spokane. I didn’t say Portland and I didn’t say Seattle, I said Spokane.”

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