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Old Posted May 10, 2007, 1:50 AM
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kalmia kalmia is offline
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Join Date: Jul 2006
Location: Hammond, Indiana
Posts: 496
Originally Posted by bnk View Post
Mandarin, Shangri la, Trump, fill in any other new ones _________, and this one. That is a lot of 5 star hotels to absorb at one time. I plan to say in the first two a couple of times, Trump never.

Obviously the market says they are needed otherwise they would not be being built.

Or a dramatic increase in the money supply is causing overcapitalization. But how much of that is playing into this will be known years out.