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A Pause in Atlanta Hotel Construction;
Some Announced Projects Rethinking Strategy

The Atlanta Journal-Constitution - February 29. 2008 - by Leon Stafford

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Atlanta's hotel industry, which experienced a boon in occupancy and construction over the past few years, is seeing a slowdown. Industry experts, who six months ago were forecasting a strong year, are slightly less upbeat.

Paul Breslin, managing partner of Panther Hospitality, said Atlanta is still ripe for development, but capital has tightened. What would have been green-lighted a year ago is now being scrutinized more thoroughly.

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