Jim Butler JimButler

Retail owners are partnering with hotels to help boost sales andfoot traffic. This cycle, retail has evolved to become moreexperience driven, with a focus on service, events and amenities.In many ways, retail now has a lot in common with the hospitalitysector, and it makes sense that the two asset classes wouldoverlap.

“Hotels are a unique and important addition that can be thespark plug of energy, hallmark art and design, the comfortablemeeting place, and a temporary home for 200 to 500 credit cards aday for the retailers and project components,” JimButler, partner in the Global Hospitality Groups atJeffer, Mangels, Butler & Mitchell LLP, tellsGlobeSt.com.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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