This transfer of the managing and owning power of the major players in the hotel industry will significantly decrease the amount of new hotels opening in the nation. With the major corporations wanting to own only a few significant hotels, it will become increasingly difficult for new hotels to find the funds to open and stay open. In return, the hotel industry will be narrowed down even further to a few big players such as Marriot, Hilton, Hyatt and Starwood owning and managing the few hotels left in the industry. As a result, these businesses will boom and property values will significantly increase.
http://online.wsj.com/article/SB10001424052748703720004575478214068058370.html
Good job Caroline. Don't look at this as a major shift currently, but a continuation of a normal business practice in the hotel industry. Most of the large hotel chains do not own the majority of their buildings, and are continuing to sell of more. Be careful in creating the picture of this as a new concept, as this could be something important to touch on in the team term paper.
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