Hotel News Now recently featured the Gardere-sponsored 2016 Dallas Hotel Conference on its website. The publication included industry insights shared on the “Capital markets: When will the bubble burst?” panel discussion.
“In the hotel industry we’re always thinking about cycles … The thing to remember here that’s very different is the emergence of the Chinese economy is not a cycle,” said Steve Haggerty, global head of capital strategy, franchising and select service for Hyatt Hotels Corporation. “It’s a structural change. … It adds weight to the liquidity to the market.”
The full article can be accessed here.