Hoteliers are building mostly upscale projects to meet travel demand

Hotel developers are spending most of their money on lodging for higher-end guests and business travelers, thanks to a strong economy and the rising cost of labor and construction material.

Those are the conclusions from hospitality experts and a new hotel construction report that found 84% of all hotel projects under construction in the U.S. are for luxury, upper-scale and upper-midscale hotels….Click Here To Keep Reading