The Resort Hotel Outlook Remains Positive Into 2016 And Beyond

Great article from HotelManagement magazine outlining healthy room bookings and high sale prices on mergers and acquisitions, both in the US and around the world for 2015 and 2016. Looks good for the upper scale and luxury resort hotel markets: high occupancy, high room rates, high prices paid for resorts being bought, all good signs for a continued good couple of years

"The resort segment has prospered this year and shows every sign of continuing to thrive in 2016 and beyond in the U.S., the Caribbean and even international destinations.

And despite the large number of resort projects in the construction pipeline, suitable sites for new construction are getting harder to find and the development process can be time consuming and exorbitant"

http://bit.ly/1iqM8Na