After years of tremendous double-digit RevPAR growth in hospitality, things are slowing down in San Francisco. While investors don’t expect RevPAR to fall off a cliff, significant growth rates appear to be a thing of the past.
Investors, developers, consultants and hoteliers gathered in San Francisco to discuss investment opportunities in hospitality during a recent Bisnow event. Partner Engineering and Science national client manager Jay Grenfell moderated a panel with Chartres Lodging Group founder and CEO Rob Kline and JMA Ventures president and CEO Todd Chapman, who shared current market trends and their expectations for the future with a crowd of 175 people.
Continue reading the Bisnow article here.