Commercial Construction & Renovation

More hoteliers are entering the Houston market, drawn by the promise of strengthening demand as several business segments such as health care and the energy sector show significant growth, according to HotelNewsNow.com. Data from STR also indicate that the city's lodging pipeline growth has slowed down since 2010, justifying an influx of new supply over the coming years. The planned expansion of the Panama Canal is another event that hoteliers are counting on to push demand.