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Hotel lobby overseen by hotelAVE, a hospitality consulting firm providing hospitality industry insights and hotel advisory services
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Tag: Hospitality industry

Condo Hotel Developments and Hotels With Residential Rental Programs Are Fraught With Complexity

Drawing from over 25 years of experience in commercial real estate, Loren Balsam, hotelAVE’s Chief Investment Officer, shares his insights on navigating the complex world of hotel development with a residential touch. This article tackles the hurdles of traditional hotel development and the growing preference for condo hotels. Success in this arena requires careful negotiation..