Business: Hardly Any Room at the Inn

Space squeeze lifts rates, profits and hoteliers' spirits

Not since the hot bed days of World War II have hotel rooms been so hard to get. In Las Vegas, tourists and conventioneers are stacked tighter than a deck of cards. In Denver, occupancy rates seem to be climbing faster than the market price of silver. The only way that would-be guests can see the inside of a room at the Beverly Hills Hotel is to buy a $4 ticket to the film California Suite, and the Los Angeles Marriott, a 1,020-room slab within easy earshot...

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