Hotels

The hotel industry will end this year down more than $59 billion in business travel revenue compared to 2019.

All eyes are on the South Florida's real estate market as companies large and small from across the country relocate or expand to enjoy its sunny climes…

AWH Partners and The Roxborough Group purchased the property with plans to fully reposition the asset.

Since the pandemic, people want to be in spaces that are addressing the risk of viral transmission, according to Patrick Winters of Nadel Architecture + Planning.

Atlanta has largely outperformed similar metros due to the strength of the local economy and more relaxed COVID-19 restriction policies.

The deal gives the Four Seasons a $10 billion enterprise value.

The fund has already completed its lead investment, the purchase of a 29-key oceanfront hotel in Dana Point.

Some 39% expect the 1031 tax deferred exchanges will be gone by 2022.