Slowdown Not Shutdown

by Jack Corgel, Ph.D., CBRE Consultant | Jun 15, 2016

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Key Takeaways

Enrollment spiked at the School of Hotel Market Doom and Gloom as public sentiment about the U.S. hotel industry’s financial performance turned from positive to negative. The first quarter of 2016 was less than stellar: U.S. GDP growth was less than 1%; concern about international economic strength grew; and public markets fell due to a continuing flow of bad news (the exception being employment growth).