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Nationwide Trend - Hotel Construction On The Rise

All around the country, an increase in leisure and business travel is fueling the latest boom in hotel construction.

In 2005, hotel occupancy in the United States was up to 63.1% compared to previous years' lows in the aftermath of 9/11.

In addition to the booming tourism industry, the hotel market is also benefitting form increased interest from investors looking to finance hotel construction.  The availability of capital can be attributed to the high performance of REITS over the first half of 2006.  Lodging real estate investment trusts posted an average gain of 17% compared with an average of 13% for REITS overall.

For more information on real estate investment trusts (REITs), contact Pacific Security Capital at 1-800-844-6085 or visit www.pacificsecuritycapital.com


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July 20, 2006 in Real Estate Investment Trust | Nationwide Trend - Hotel Construction On The Rise

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