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Tampa Bay Hospitality Update | Is the Market dead?

Tampa Bay Hospitality Update | Is the Market dead?

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

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...
This Black Friday Could Be the Last for Many Stores

This Black Friday Could Be the Last for Many Stores

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 be concerned this will be their last Black Friday. This year, probably more than any other, could be a death...

DeMarcay Luxury Condos Set Groundbreaking Date

The condo 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...