The sluggish economy and the trend toward more limited-service, value-oriented hotels has caused a slowing of growth in hotel foodservice sales. After several years of steady and sometimes hefty sales increases—which had marked a reversal from the declines that followed the Sept. 11, 2001, terrorist attacks—the current cyclical slowdown was anticipated and reflected in daily room rates, experts say. Smith Travel Research reported average daily rates rose 5.6 percent in ...
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