According to a report from Ernst & Young's Global Hospitality, the hospitality industry is poised for growth in 2010. The report, "Global Hospitality Insights: Top Thoughts for 2010," analyzed trends in valuation, financing, government, tourism and acquisitions, among other things, and predicts the results will bode well for hotels in the next 12 months.
In the report, Global Hospitality Insights editor Tim Behle wrote, "There are a number of trends that make up the proverbial silver lining for the industry, such as growth in tourism, advancing restructuring efforts and improving fundamentals."
He also wrote that, "While tourism growth and continued debt restructuring will create opportunities for hotels, valuation and financing will continue to create challenges, according to Ernst & Young.
What does this mean to you, as an association leader or a potential trade show exhibitor? The possibility for more attendees at your booth and the idea that the industry may be more open to the continuation of trade shows as a great way to build business.
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