Michael Fishbin, national director for Ernst & Young'shospitality advisory services, tells GlobeSt.com that someinteresting trends include moves in such cities as Boston and NewYork City toward investing in condominium hotel concepts. He saysit's a different way of accumulating development capital.

The level of transactional activity in the sector can indicateconfidence, says Fishbin. "and that we're on a recovery." He notesthere is increasing activity on both coasts and particularly in theluxury market. One area that is performing well is San Diego.Fishbin says San Diego has a strong appeal as a both a conventionsite and a drive-to leisure destination.

Fishbin also says E&Y is spending more time looking atdevelopment projects. "It's not full force on development, butthere's an active pipeline." That's also corroborated by LodgingEconometric's latest forecast on the construction pipeline.