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Major Hotel Brands Say Pace of Development 'About the Same’ Since Pandemic Erupted

Construction, Opening Delays Have Yet to Upset Overall Plans for Growth
The Hyatt Regency Century Plaza in Los Angeles at Avenue of The Stars could soon have company as the CEO says pace of new project remains healthy. (Getty Images)
The Hyatt Regency Century Plaza in Los Angeles at Avenue of The Stars could soon have company as the CEO says pace of new project remains healthy. (Getty Images)
Hotel News Now
June 5, 2020 | 2:12 P.M.

Roomnight demand has collapsed to historic lows, but CEOs of major hotel brands say interest in the development community is resilient.

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