IHG CEO Bullish on New Hotel Construction Despite Tight Lending Market
Conversions may be the buzz word in hotel industry development, but IHG CEO Keith Barr still sees a lot of opportunity with new hotel construction. Skift
Skift Take: Construction cranes for hotels haven’t been called off to the level as some hotel industry analysts would have you believe. It can take years to build a new hotel, and those breaking ground now will open just in time for the pandemic to be in the rearview mirror.
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