“We are not building ballrooms anymore!” Call that the quote of the month, coming from STR’s latest U.S. Hotel Industry Forecast presentation, delivered at a hotel conference this week by Amanda Hite, STR president and CEO.  So what does it mean? For the past several years, the upscale (example: Courtyard by Marriott) and upper-midscale (example: Hampton Inn) hotel segments have dominated the construction scene. The trend continued in 2016, and will continue into ...

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