As goes the economy, so goes the hospitality industry: So what's happening to the economy, capital markets and global hotel markets?
By Jim Butler and the Global Hospitality Group®
Hotel Lawyers | Authors of www.HotelLawBlog.com
07 May 2010
Hotel Lawyer with the latest reports and forecasts on the economy, capital markets and global markets from industry leader presentations at JMBM's 20th annual hotel conference -- Meet the Money® 2010.
The close correlation between the economy and the hospitality industry provides a fascinating subject. Although it is somewhat intuitive that when the economy is growing and people are being hired, more is spent on travel, lodging and leisure . . . and the other way around.