The energy boom has transformed North Dakota’s hotel industry, with new assets springing up and existing hotels realizing new peaks in performance as energy-related demand rolls in. How does the capital city of Bismarck stand to benefit?
may 8, 2013 Por Lizzette Casarin
Wildfires ravaged lives and infrastructure on the northwest of Colorado Springs, setting off a scramble for hotel rooms. As the city rebuilds, major projects—including multimillion-dollar hotel renovations—aim to put the local economy back on track.
Colorado Springs’ hotel industry has been in business for more than a century, with a wide spectrum of entities driving demand. The market wasn’t hard hit by the recent recession, and major events this summer should bode well for local hotels.
jun 23, 2011 Por Lizzette Casarin
The future for hotel prices remains hazy, but past cycles of recession and revival reveal some enlightening trends. Part I in a series examining the dynamics of hotel prices over the past 30 years.