The already-ailing hotel industry is about to be hit with a massive wave of new rooms, with...

|By:, SA News Editor

The already-ailing hotel industry is about to be hit with a massive wave of new rooms, with almost 100 new hotels slated to debut in major U.S. cities this year. Hotels take 4-8 years to design and build, leaving developers to finish expensive projects with little hope of turning a profit in the short run.