I am in Dallas for our last CitySCENE of the year (which was a great success!), and I had the opportunity to have lunch with some of the ladies from Wilson Associates. As most conversations these days do, talk of the holidays, what's new at work, and what we were going to order, turned to the economy. Besides mentioning that they are sending out more proposals than last year (a good sign indeed), Margaret Brungart, Wilson's director of development, mentioned an article she read that said certain banks are looking to fund hotels rather than other investments since those type of loans have a greater rate of return. So maybe there is a light at the end of this tunnel? Take a read of the article yourself here.
Light at the End of the Tunnel?
Posted by The Economyon December 2, 2010 in