Why Demand is Outpacing Supply for Hotel Space

“When times get better, normally supply increases. In the hotel market, supply hasn't increased, it has shrunk,” says David Scypinski, senior vice president, industry relations, Starwood Hotels and Resorts, Washington, D.C.

Demand, on the other hand, has skyrocketed in the past two years, creating the largest gap between the change in demand and the change in supply in decades.

In the top 25 markets, room demand rose 6.2 percent in 2004 and another 4 percent in 2005, while sup

Register to view the full article

Register for MeetingsNet.com and gain access to premium content including the CMI 25 Listing, our monthly digital edition, the MeetingsNet app, live and on-demand webinars, and much more.

Already a member? .

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.