We're excited to share the published article "Condo Hotel Developments and Hotels With Residential Rental Programs Are Fraught With Complexity" on Hotel Business Review, written by our very own Loren Balsam, CFA. Loren provides the challenges and complexities of traditional hotel development and the increasing trend of developers turning to condo hotels. As success requires careful negotiation of terms and cost allocations, as well as an understanding of the legal and physical nuances involved, he provides recommendations for a well-structured strategy that can deliver both short-term returns and a lasting residual income stream. Check out the story for more insights! #realestatedevelopment #hoteldevelopment #industryinsights #hotelAVE #hospitalityindustry #realestatemanagement
Hotel Asset Value Enhancement (hotelAVE)的动态
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Great article by Loren Balsam, CFA!
We're excited to share the published article "Condo Hotel Developments and Hotels With Residential Rental Programs Are Fraught With Complexity" on Hotel Business Review, written by our very own Loren Balsam, CFA. Loren provides the challenges and complexities of traditional hotel development and the increasing trend of developers turning to condo hotels. As success requires careful negotiation of terms and cost allocations, as well as an understanding of the legal and physical nuances involved, he provides recommendations for a well-structured strategy that can deliver both short-term returns and a lasting residual income stream. Check out the story for more insights! #realestatedevelopment #hoteldevelopment #industryinsights #hotelAVE #hospitalityindustry #realestatemanagement
Condo Hotel Developments and Hotels With Residential Rental Programs Are Fraught With Complexity
https://www.hotelave.com
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With a 67.4% occupancy rate—surpassing pre-pandemic averages—and a rise in luxury hotel pricing, the Austin hotel scene is proving resilient in 2024. What are your thoughts on Austin’s growing appeal for hospitality investments? Read the full report: https://ow.ly/eRrB50TQLwq #AustinRealEstate #HospitalityTrends #Investing #HotelIndustry #MarketReport Bruce Bentley III
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Why are investors flocking back to the hotel business? ?? More and more developers are turning to hotel investments. Hear the full story here! ?? https://bit.ly/4gqQHVa #KnightFrankThailand #??????????????????? #HotelInvestment #RealEstateTrends #MarketInsights #PropertyInvestment #Hotel #HotelMarket #?????????????? #RealEstate #Economic #Midyear
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The hotel pipeline has a lot of interest, but we normally focus on major markets. Colin P. Sherman and I decided to see which submarkets will have the highest inventory increases based on what is under construction. Areas outside of #SanDiego, #Phoenix, and hubs along the East Coast are in the top ten, but for different reasons. #hotels #hotelconstruction #hotelanalytics
Outlying Locations Will Have Highest Share of Hotel Room?Increases
costar.com
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Condo Hotel? Learn what other condo hotel/condotel owners are saying about this type of investment: https://lnkd.in/eggUsvTv @stopstrugglingnow Eric Byrd #stopstrugglingnow #condohotels #condotels #realestateinvestingideas #realestatestrategies #condohotelrules #ssnnation
Condo Hotels! Hear What Condo Hotel aka Condotel Owners Reveal Part 7
https://www.youtube.com/
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Evaluating Hotel Development: Junto Hotel Insights Explore the intricacies of hotel asset valuation through our analysis of the Junto Hotel project. We discuss management of returns, appraisal metrics, site plans, and the unique features that make this development stand out in East Franklinton. Discover what makes it a success! #HotelDevelopment #AssetValuation #JuntoHotel #RealEstateInsights #UrbanPlanning #HotelDesign #InvestmentStrategy #PropertyManagement #EastFranklinton #DevelopmentSuccess
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Owning a hotel isn't just about having a vision; it's about executing it meticulously. Welcome to the behind-the-scenes world of hotel ownership! When considering buying a hotel, there's more to it than meets the eye. It's about conducting due diligence, which involves analyzing every aspect of the property to ensure that your investment is rock-solid. From examining the financial records to assessing the physical condition of the property, due diligence is your key to making informed decisions and avoiding costly pitfalls. It's about knowing what you're getting into before you sign on the dotted line. Visit our website, https://lnkd.in/guuUaDRU, to check our new listings. #DueDiligence?#Hotel?#Hospitality?#Hotelindustry?#hotelbuyingtips
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Excited to share our specialties in the hospitality industry: ?? Hotels for Sale ??? Hotel Purchasing ?? Hotel Management As hospitality experts, our services encompass: ?? Real Estate Investment ?? Property Appraisal #Hospitality #Hotels #RealEstate #PropertyAppraisal
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The commercial real estate sector can learn from the hotel industry's customer-centric services, dynamic pricing, and online convenience. 'Hotelisation', where leasing commercial spaces is as easy as booking a hotel room, is an emerging trend with transformative potential. It suggests a future where commercial real estate offers curated experiences, akin to the strategies of the hospitality industry. Read Rael Levitt's latest article in the February issue of Asset - https://lnkd.in/dJfDAerg #hotelindustry #hotelisation #hospitalityindustry #commercialproperty #commercialrealestate #propertyowners
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According to CoStar Downtown Myrtle Beach Hospitality, the Myrtle Beach market comprises 274 hotel properties, which contain around 32,000 total rooms. Hotels tend to be larger in the area than in the typical U.S. market, but not by a huge amount. The average building has around 118 rooms, compared to the U.S. average of 88 rooms per building. There are 134 rooms spread between two projects underway in the Myrtle Beach market, representing a 0.4% expansion of the existing inventory. This new supply follows a material amount of recent development: Around 1,100 rooms have delivered in the past three years. #Sperry-KEY Group #CoStar #myrtlebeach #commercialrealestate
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