New Market Study, "the North American Hotel Market", Has Been Published
The North American region was adversely affected by the global economic crisis, which had a negative impact on the US hotel market. However, with improved economic conditions and a gradual recovery in tourist arrivals, demand rebounded and growth is anticipated over the forecast period. The government's commitment to diversify its economy through infrastructure development projects is driving the growth of the North American hotel market. Consequently, large investments are planned by both domestic and international hotel operators, some of which...
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