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The trend toward more experiential spaces has been a trademark of this cycle. Retail, office and multifamily have all been redefined by an elevated experience achieved through design, amenities and a focus on community. Now, the hospitality market—a space that has always, at least in theory, created an experience—is undergoing a similar revolution. The hospitality market, including hotels, restaurants and entertainment venues, is focusing on creating a better customer experience.

“Like many other markets, hospitality is ever evolving, making it challenging to both implement timeless trends and stand out amongst competitors,” Kevin Newman, chairman and CEO of architecture firm Newman Garrison and Partners, tells Globest.com. “Right now, we’re seeing that the food and bar scene is heavily driving amenity trends in hospitality—the conversation is shifting from integrated food and beverage to the integration of third party suppliers.”

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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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