Hotel News Resource

Friday, June 8, 2007

Hotel values continuing to reach farther

According to Stephen Rushmore, President and Founder of HVS, expect hotel valuations to start to ebb here in the U.S. starting in 2010 where prices will decline about one percent. In 2011 prices will decrease another five percent, Rushmore predicts, with smaller losses in 2012 and 2013.