CANCELED RENOVATIONS: WHAT'S A PLANNER TO DO?

It's no surprise that the one-two punch of the September 11 terrorist attacks and the stagnant economy has slashed the number of hotel development and renovations projects scheduled for 2002. Industrywide, according to PriceWaterhouseCoopers, 6 percent of hotel projects scheduled for completion in 2002 and 2003 have been canceled or deferred.

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