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New AHLA Survey: Majority of Hoteliers Scaling Back Development Plans – Image Credit AHLA Rising costs and softening demand leading to pullback, according to AHLA member survey Rising costs and uneven demand challenges are placing a significant strain on hotel investment and operations, according to a new survey conducted by the American Hotel & Lodging Association (AHLA), the leading voice representing all segments of the hotel industry. The survey, conducted in late August, featured input from nearly 400 hotel property owners and operators nationwide. Development and renovation plans remain under pressure, with 32% of respondents delaying projects, 24% scaling back,…
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