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Don't Talk Yourself Out of Prosperity

The hotel business loves metaphors, and baseball was the dominant one at last month's jam-packed New York University International Hospitality Investment Conference. More than one speaker referred to the current lodging cycle as a baseball game and gave their viewpoints on what “inning” of the game we're in. The consensus among the speakers on stage and the attendees in the hallways and lounges of the Marriott Marquis was that we're in the third or fourth inning of a nine-inning game. Put in more concrete terms, most of those in attendance believe the industry has three to four more ...

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