Planners or Suppliers, Who's Got the Advantage?

Neither have an advantage right now, says Robert Mandelbaum of PKF Hospitality, a consulting firm for the lodging industry. "I'm frequently asked f it's a buyers' or sellers' market within the lodging industry and right now, we're finding that it's neutral." However, in the second half of 2009, with growth expected in the economy and a slow down of new hotels opening, the pendulum is predicted to "sway back to the hoteliers' advantage," Mandelbaum said.

Source: Sept 2009 Convention South Magazine