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Reasons For Plateau on New Hotel Builds

IRVINE, CA—Concern about oversaturation has arisen among developers and lenders who see quite a bit of product in the pipeline, opening opportunities in renovation and repositioning of hotel properties, R.D. Olson's Bill Wilhelm tells GlobeSt.com EXCLUSIVELY.

By Carrie Rossenfeld | Updated on January 26, 2016

IRVINE, CA—Concern about oversaturation has arisen among hotel developers and lenders who see quite a bit of product in the pipeline, opening opportunities in renovation and repositioning of properties, R.D. Olson Construction‘s president Bill Wilhelm tells GlobeSt.com. The firm was recently selected by Disney Way Partners, L.P., as the general contractor for the new Country Inn & Suites ground-up hotel project in Anaheim. We spoke with Wilhelm about how hotel brands and developers choose fulfill their objectives in a particular market, as well as his expectations for hotel construction this year.

GlobeSt.com: How do hotel brands and developers fulfill their objectives in a particular market?

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