Real Estate/Development
Jan. 14, 2003
Hospitality Sector Resting Easier in 2003
BY MICHAEL GOTTLIEB CREJ Assignment Editor No doubt the real estate sector that felt the most pain in 2002 was hospitality. The double-whammy of the Sept. 11 terrorist attack and the stock market's bubble bursting forced most corporations to cut back significantly on business travel last year. According to a recent study by the Travel Industry Association of America, 30 percent of all business travelers reduced their air travel in the past 12 months.
BY MICHAEL GOTTLIEB
CREJ Assignment Editor
No doubt the real estate sector that felt the most pain in 2002 was hospitality.
The double-whammy of the Sept. 11 ter...
CREJ Assignment Editor
No doubt the real estate sector that felt the most pain in 2002 was hospitality.
The double-whammy of the Sept. 11 ter...
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