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CRE Companies Put Old Hotels to New Uses

CRE Companies Put Old Hotels to New Uses

The hospitality industry may be hurting, but that doesn’t mean hotel real estate has to.   If you find yourself with a batch of lemons, the wise move is to make lemonade. What if you’ve got hotel properties in a down hospitality market? Luckily, you’ve got some...
Despite pandemic setback, hotels are gaining strength

Despite pandemic setback, hotels are gaining strength

Hospitality industry benefits from pent-up travel demand; projections remain encouraging Hotels have been getting some pleasant wake-up calls in recent months: The industry is improving. Certainly, that’s the case in the Tampa and Sarasota markets. The COVID-19...
Why Florida Hotels Should Bounce Back Relatively Quickly

Why Florida Hotels Should Bounce Back Relatively Quickly

Because of devastating hurricanes, Florida hoteliers have experience in navigating massive drops in demand and extended recovery periods. The hotel industry is one of the nation’s hardest-hit sectors in the sudden economic downturn from COVID-19. Hotel economists are...