Tampa Bay Hospitality Update | Is the Market dead?

by | Aug 17, 2021

Has COVID Destroyed the Tampa Bay Hotel Market? Tampa Bay’s hotels have eclipsed pre-pandemic levels. Historically, RevPAR (Revenue Per Available Room) increases from December through March due to the tourist season and declines thereafter. In 2021, RevPAR has...

Why Florida Hotels Should Bounce Back Relatively Quickly

by | Apr 14, 2020

Because of devastating hurricanes, Florida hoteliers have experience in navigating massive drops in demand and extended recovery periods. At previous pricing levels, hotel occupancy above 60% typically indicated break-even. And with staff being a hotel’s costliest...

This Black Friday Could Be the Last for Many Stores

by | Nov 27, 2019

Consumers May Bombard Malls and Online Channels, But Not All Retailers Will Win As the crucial holiday shopping season gets into full gear, some retailers may concern this will be their last Black Friday. This year, probably more than any other, could be a death knell...

DeMarcay Luxury Condos Set Groundbreaking Date

by | Oct 21, 2019

The DeMarcay project will mark the beginning of the process for preserving the two historic façades and selected interior materials from the former hotel and cigar factory situated on the current site. A rendering of the new DeMarcay condo. IMAGE: COURTESY PHOTO The...