Commercial Real Estate Investing
June 13th, 2006 by jhampton
Commercial real estate investing is a booming business especially in the hotel industry.
According to experts the demand for hotel rooms has grown continually for the last three years and looks as if it will continue its climb for at least two more.
The booming U.S. hotel market isn’t about to founder anytime soon, say hotel experts. Room demand has increased for an unprecedented 36 consecutive months through May, and one rosy projection calls for the sector to only strengthen during the next two years.
“Three straight years of [room] demand growth is pretty much unheard of,” said Randy Smith, president of Smith Travel Research. “The wide margin between supply and demand should help sustain this activity, too.”
“Three straight years of [room] demand growth is pretty much unheard of,” said Randy Smith, president of Smith Travel Research. “The wide margin between supply and demand should help sustain this activity, too.”
Whether you are looking to purchase or just own stock in commercial real estate you can’t go wrong. Investing in real estate is always smart. Finding an area that is booming, is smarter.
Relevant Tags: commercial real estate success, hotel industry success, real estate investment tips, us hotel marketPosted on Tuesday, June 13th, 2006 at 12:06 pm In Real Estate Investment