Hotels garner little interest in an overbuilt market.

Los Angeles Business Journal (February 03, 1992)


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Summary:

Los Angeles County's hotel industry - Special Report: Banks and Finance - Industry Overview

Headnotes:

Extract:

Hotels garner little interest in an overbuilt market.

Many hotels exist on the drawing board, few are built

By most industry estimates, there could be as many as 20 hotels on the drawing boards in Los Angeles County. But none is even close to being built.

Right now there are probably three hot...



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