HOTELS: Bellhop's Paradise

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...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!