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Hotel developers are finding prospects in smaller communities outside the heavily saturated South Florida market. Read the GlobeSt story here
Although Cuba’s tourism suffered in 2017, many tourism sectors including the hotel industry are experiencing a turnaround. Iberostar is debuting the Iberostar Holguin and the Grand Packard Hotel, and Melia hotels is expanding its properties by adding 2,145 new hotel rooms. Read the TravelPulse story here
The move away from big box retail has Long Island, N.Y., developers working to find solutions to replace some of these structures throughout the area, which saw the third-largest vacancy increase in the country in the past quarter. During a panel meeting, developers discussed the benefits of experiential retail and office space. Read the Bisnow story here
The Hilton Garden Inn, Hampton Inn and Home2 Suites by Hilton Chicago McCormick Place complex illustrates Hilton’s increasing use of multiple brands in a single building. Read the GlobeSt story here