A Predictive Study to Determine the Structure, Capital Needs, and Performance of the Lodging Industry/The Role of Financial Institutions in Providing Capital to the Lodging Industry: A Historic Review and Delphi study to predict the scenario in years 2000 and 2005

ABSTRACT

The purpose of this study is to make predictions in six areas of concern for lenders, investors, owners, and managers associated with the lodging industry. These areas, which also represent ‘uncertainties’, include:

1.	capital needs for the lodging industry
2.	availability of capital for the lodging industry
3.	cost and terms of capital
4.	structural changes in the lodging industry
5.	operating and investment performance
6.	role of financial institutions as suppliers of capital to the lodging industry