Prior to the Covid pandemic, hotel occupancy rates were hitting record highs and average daily rates (ADRs) were rising. Now, with the possible exception of restaurants and retail shops, there is no major type of real estate that has been squeezed harder.
Category: Survey
Survey: The Prospects For The Hotel Business In 2021
The company, which invests on behalf of high-net-worth family offices and individual investors, is targeting the top 25 US markets to deploy capital, CEO Lyman Phillips told REFI US.