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Well, being picky and strict, parent said "buy a hotel" not "build a hotel". I guess buying an existing hotel doesn't count as a new one ;)
by tecleandor 4y ago
Well, being picky and strict, parent said "buy a hotel" not "build a hotel". I guess buying an existing hotel doesn't count as a new one ;)
- loeg 4y agoTo be clear, I doubt any existing operator is selling. Without the possibility of any new competition, they will be able to start jacking rates up as demand grows (see demand growth forecasts in the articles).