Quote:
Originally Posted by wwmiv
Actually yes. We've all speculated for months (maybe even a year) as to why new hotel projects keep getting announced given that we've known also for awhile that the lending market is contracting, and news like this is extremely relevant to future hotel bookings when it was one of our larger annual convention events.
|
Sorry, wasn't trying to be flippant . . . just wondered if you had direct knowledge of someone losing funding, or were commenting on the general environment.