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5 things to know: 15 October 2018

From the desks of the Hotel News Now editorial staff:

  • Insurers have the capacity to handle Michael damage
  • Wall Street hopeful on earnings-driven rebound
  • Hurdles slowing hotel construction
  • Could automation take the teeth out of Brexit?
  • Pandox, Fattal pick up Manchester property

Labor, tariffs challenge hotel construction pace

Speakers at the recent Lodging Conference say a labor-shortage-driven dearth of quality contractors and subcontractors and tariff-induced higher prices for key materials are slowing the rate of construction enough for it to be a concern in the U.S.