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Hotel activity is continuing to outpace new supply, and owners are looking to quality property management teams. We sat down with RAR Hospitality for an EXCLUSIVE interview to find out more.
Commercial construction totaled $23.8 billion between 2013 and 2017, yielding a total of more than 73 million new square feet of space. The last three years showed the strongest growth, with each year topping $5 billion and 16 million square feet of new commercial construction.