Asheville’s hotel industry, as shown by increases in rooms sales and new hotel supply, is rapidly escaping the drag of the recent recession.
Military installations—some expanded, others diminished—in Georgia, South Carolina, and North Carolina are impacting hotel demand and average rates.
Shipping, health care, higher education, tourism, and the military are just some of the industries that diversify Charleston’s economy and help area hotels fare better than in most other markets during the recession.
Business, tourism, and an idyllic mountain setting are perennial features of Asheville, creating demand for hotels old and new.
Proximity to a college or university is considered a positive characteristic of any hotel site. This article explores the benefits and challenges of developing and operating a hotel or conference center affiliated with an educational institution.
At a time of nationwide fiscal drought and a slump in development, the “Queen City” maintains a regal guise.