The question on many hotel owners minds is "when will profit growth return and when will it be sustained?
This hinges alot on the unemployment rate. The unemployment rate will not turn positive for the Sacramento Region for another 4 quarters - January 2011. Once we have past this marker in the sand, we will see profit starting to return in the hospitality sector in the Sacramento Valley region.
Stay tuned for more forecast material that was discussed at the Americas Lodging Investment Show.
If there are topics you would like to for me to address, please reply.
Saturday, January 30, 2010
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