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One of the sectors hardest hit by the downturn, lodgingundeniably has gotten its mojo back. Not all aspects of the sectorcame back at the same time, though; the development pipelineremained comparatively empty for several quarters while RevPAR andother operating metrics rebounded. However, in the summer of 2014,hotel construction is in full swing, with double-digityear-over-year increases in both projects and rooms in thepipeline.

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Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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