Washington D.C.: Hotel rates fell in Q2, CEO says

Discussion in 'Blogstand' started by BoardingArea, Aug 5, 2014.  |  Print Topic

  1. BoardingArea

    BoardingArea News Feed

    Messages:
    73,877
    Likes Received:
    463
    Status Points:
    20
    WASHINGTON D.C. – Looking to book a hotel room in Washington? Relax! The nation’s capitol is one of the few big cities in the U.S. where rates are sinking thanks largely to the federal government’s reduced travel and group meeting spending, according to the CEO of one of the largest owners of upscale hotels in the country. “As expected, our hotels in Washington D.C. are having a challenging year,” Ed Walter, CEO of Host Hotels & Resorts, told Wall Street... Read More » The post Washington D.C.: Hotel rates fell in Q2, CEO says appeared first on Travel Update.

    Continue reading...
     

Share This Page