Is Overbuilding Risk Declining? Evidence From Hotel Markets
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“In the old days, construction statistics and other important data were closely guarded secrets. Developers can now look at competitors’ numbers and tell at a glance if an area is becoming overbuilt.” From a Wall StreetJournal article about U.S. office markets, January 23, 2004.
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Cornell Real Estate Review
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Vol. 3
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2004-07-01
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Cornell; real estate; overbuilding; development; hotels; hotel markets
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Required Publisher Statement: © Cornell University. Reprinted with permission. All rights reserved.
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