Hotel Construction Proceeds in Arkansas

by Kate Knable  on Monday, May. 28, 2012 12:00 am  

Montine McNulty, executive director of the Arkansas Hospitality Association, said Arkansas currently has 735 hotel and lodging properties with a total of 49,148 rooms.

The new projects are likely “an indication that financing is loosening up a little bit,” McNulty said.

New hotels, or fresh makeovers, tend to be popular and make hotel markets more competitive, even if they are crowded already, she said.

“Travel and tourism continues to create jobs and be an engine all over the United States,” McNulty said. “I think it’s just going to improve in the future.”

 

 

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