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Why the Time Is Right for Hotel Development

Published Thursday, April 30, 2009

While the economy has taken its toll on development, especially in the hospitality world, many are overlooking the silver lining—no matter how difficult it may be to find. Certainly the ability to obtain financing is a factor, but beyond that many projects have been put on hold or cancelled as a reaction to current conditions.  Here are a few reasons why that project should be taken off the shelf and put back on the table: Be the first out of the gate when this is all over. Hospitality is cyclical, as we all know too ...

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