by SVN Commercial Advisory Group | 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...
by SVN Commercial Advisory Group | 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...
by SVN Commercial Advisory Group | 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...
by SVN Commercial Advisory Group | Nov 12, 2019
SARASOTA, Fla. (November 12, 2019)- SVN Commercial Advisory Group has appointed Paul Bachmann to Associate Advisor as the Tampa Bay-based real estate brokerage firm expands its medical office team. In his new role, Bachmann will identify medical office building...
by SVN Commercial Advisory Group | 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...
