PHOENIX—The conference at the 950-room JW Marriott Desert Ridge Resort in early October had everything hotel industry folks could want: Panels with the CEOs of Marriott, Motel 6 and Wyndham. Outlooks ...

What’s the scarcest resource in business? Good people? Patient capital? Uncontested markets? The correct answer is meeting rooms. (Or, more accurately, meeting rooms when you actually want to have a ...