$3 Billion in Hotel Renovations in 2004

U.S. hotels are planning to spend a total of $3 billion renovating and upgrading guest rooms and public spaces in 2004, according to a report by PricewaterhouseCoopers. Most of the money will go towards more comfortable beds, ditching television armoires in favor of space-saving dressers or wall mounts, high-speed Internet access, and high-tech signage.
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