Just about everyone agrees 2010 was a better year for the hotel industry than was ’09. Occupancy, rates and RevPAR numbers finally went from contraction to growth, and while many properties are in varying degrees of financial distress, the market for transactions is beginning to show some life.
And the industry continued to make news with new brands introduced, acquisitions pursued and completed and new marketing schemes and alliances unveiled.
Over the next two days, Lodging Hospitality, a sister publication of National Real Estate Investor, will present the top 10 news stories it covered in 2010.
For a look at five of the top 10 stories, please click this link.