This past year as I have attended many hotel investment conferences around the world, the feelings of hotel owners, lenders and operators were euphoric. Occupancies are up, room rates are growing faster than inflation, hotels are making profits, money is cheap and the industry is having fun again. Even with this upbeat outlook, it is human nature to wonder: When Will The Bubble Burst? Based on history, the bubble always bursts. In the United States after a huge building boom during the early 1970s, overbuilding, inflation and high interest rates burst the hotel industry's bubble... See below link for the complate document...
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 When Will The Bubble Burst? | By Steve RushmoreThis past year as I have attended many hotel investment conferences around the world, the feelings of hotel owners, lenders and operators were euphoric. Occupancies are up, room rates are growing fas... 
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