Pittsburgh hotel market troubled

from the Pittsburgh Tribune-Review (11/2):

Hotel construction thrives here, but failing economy could change all that
By Ron DaParma
TRIBUNE-REVIEW
Sunday, November 2, 2008

"From Downtown to the North Shore, South Side and Strip District, hotel construction has been booming in Pittsburgh.

In those areas and other city neighborhoods, 17 hotels that are under construction or planned could add more than 2,400 rooms to the existing inventory by 2010, according to a Tribune-Review review of projects announced by developers, property owners and others.

That doesn't include a long-stalled 500-room convention center hotel in the Strip District that still hasn't been able to get off the drawing board.

But the weakening national economy, tightened credit and the realities of increased competition eventually could derail the ongoing march of hospitality industry construction, some experts say." ...

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