Hotel construction experienced a remarkable boom in the mid-2010s, with ripple effects that are still felt to this day. As it turns out, building a new hotel is also a more time-consuming enterprise than building any other property type — at least according to the numbers. An analysis of construction times over the last 20 years by The Real Deal has found that the average hotel already takes nearly a year longer to complete than […]
source https://therealdeal.com/2018/07/31/hotels-take-longer-to-build-than-other-property-type-soon-it-may-take-even-longer/
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