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Tag: hotel properties

US Hotel trends in 2022

Although Covid-19 seems to be here for a while, the pandemic is nearing its end. Businesses that were shut down and running at 50% capacity are expected to revive back in this year. This includes the hospitality real estate industry too. The hotel industry is ready for a comeback with new hotel trends with the… Continue reading US Hotel trends in 2022

Investing in hotel conversions to affordable housing post-Covid

Investing in hotel conversions to affordable housing

The ongoing circumstances of the COVID-19 pandemic have mostly been unfavorable to the hotel industry. Unceasing travel restrictions and lockdowns severely affected hotel occupancy rates, forcing the owners to eventually abandon the hotel buildings. However, real estate investors are seeking opportunities in the distressed hospitality landscape with their conversion to affordable housing units. On August… Continue reading Investing in hotel conversions to affordable housing post-Covid