The document discusses the relationship between hotel occupancy and supply, highlighting the construction pipeline in the hotel industry as of October 2017. It notes that the number of rooms under construction was 183,000, which is flat compared to the previous year, and represents 3.5% of existing supply. The document also discusses the potential impact of increased construction activity on hotel franchisors and REITs.
doj/DataSet10/EFTA01385354.pdf
{}