Why independent hotel development requires special attention, research
LAS VEGAS—Ten to 15 years ago, a brand was almost a requirement to secure financing for a hotel development or renovation. But how important is it now? At the third annual InnDependent Lodging Executive Summit, held at Las Vegas’ Hard Rock Hotel & Casino, a panel of five investors and industry specialists took a swing at the independent space, and hitting on the point that there is more interest in these hotels from an investment standpoint than at any other moment in history