By tag

Asset managers eye hotels amid inbound travel boom

Asset management companies are returning to the hospitality sector — specifically hotels — after avoiding it during the COVID-19 pandemic, as surging demand from foreign tourists now exceeds the available supply, industry officials said Wednesday…
read more

Left Lane knows the office-to-hotel formula

Developers often suggest converting an office to a hotel is fraught with peril and the general consensus has been opportunities are limited. They must not know developer Jon Kully, managing partner of Left Lane Capital in Brooklyn, New York, who is…
read more