The packed room of meeting planners who attended a panel on the U.S. hotel industry last week at The Krisam Group’s forum and trade show in Chicago left more educated about hotel occupancy and rate trends in the U.S., but noticeably more somber. The planners heard that hotel rates would continue to rise, despite a slowdown in demand and occupancy, for at least the next two years. Increased construction projects are feeding the hotel pipeline, explained Jan Freitag, vice president–global ...

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