Hotel managers gulped last week at news unprecedented in their business since the '20s. Washington was to get two big new hotels: an $8,500,000 building announced by Hotels Statler Co., a $15,000,000 mammoth (including a shopping centre and movie theatre) planned by a company whose name remained undisclosed.
In most cities, residents would be hard put to remember when the last hotel went up; since 1935 the number of big hotels in the U. S. has increased not at all. The nation already has so many that the average occupancy rate is only 64%. But Washington, thanks to defense activities, is...
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