After a Rough Night, Hotel Investors Are Waking Up
From The New York Times:
After a Rough Night, Hotel Investors Are Waking Up
Is this as bad as it gets? For two years, big investors watched the implosion of the lodging industry as hotel values plummeted more than 50 percent. Now as private equity giants like the Blackstone Group and entrepreneurs like Richard Branson are diving into the sector, others are starting to think it has finally hit bottom and may be bouncing back. Click here for the full story.
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