ATLANTA—Atlanta has witnessed a strong uptick in revenue per available hotel room in recent years. That, in turn, is driving an increase in new development, CBRE reports. Hotel construction is concentrated in specific submarkets, such as Interstate 85 North, Chamblee, Central Perimeter, Midtown and Interstate 85 South near the airport.
GlobeSt.com caught up with Bill Duncan, global head of All Suites for Hilton, to discuss the impact of hotels on urban areas. He also discusses the job growth in the industry in part one of this exclusive interview.
GlobeSt.com: What kind of impact do hotel developments have in metro and urban areas in the Southeast?
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