Rising demand spurs hotel building boom

Date: April 7 2008
Source: USA Today
Website: http://www.indystar.com/apps/pbcs.dll/article?AID=/20080407/BUSINESS04/804070338/1003/BUSINESS

Hundreds of new hotels are rising across the United States as the lodging industry seeks to cash in on rising room rates and strong demand from travelers.

More than 196,000 rooms -- more than 2,000 hotels -- will open within two years. That's the highest number of new rooms in the pipeline in more than seven years.