Apartments to Hotels – How to Pivot

Quick thinking developers and building owners seeing the glut of rooms on the apartment rental market have begun to pivot to hotels. A wise move and one that can be quite lucrative. Though now we have the concern about having too many hotel rooms but hey it’s always something isn’t it.

Keep an eye on these projects and see how downtown absorbs and builds around them. Those that get left on islands where there is little else will have a hard time in the long run.

https://www.timesfreepress.com/news/business/aroundregion/story/2019/jul/11/laquinta/498569/