Hotels Are Sprucing Up

September 26, 2012 Posted by Rick

A new survey of hotel owners estimated that spending would reach $5 billion this year, the most since 2008 and up from $3.75 billion last year. Many factors account for the increased spending. With occupancy this year at its highest since 2007 and rates at their highest since 2008 — owners can more easily afford upgrades. Read more here.

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