Photo credit: Top Hotel News
There is a hotel construction boom taking place in the American city of San Francisco, one that reports suggest is being fuelled by a booming biotech sector. Recent data from TOPHOTELCONSTRUCTION shows that there are more than 1,000 rooms in the pipeline for San Francisco and the surrounding Silicon Valley area, including those in both new and renovated hotel spaces. Meanwhile, other sources indicated that the biotech and life sciences sectors in the region have as of late attracted more than 20,000 workers in those areas to South San Francisco. That number likely stands to grow to more than 40,000 over the next three years, driving local growth in all businesses, including hospitality.