It is clear that the market has largely moved on from the struggles it experienced in 2023, with lodging demand steadily improving.
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A GM can singlehandedly elevate or undermine the sale of his or her hotel, impacting its value meaningfully, either positively or negatively.
Since the onset of the pandemic, Austin has been a darling across all real estate asset classes. It remains a sought-after hotel investment destination.
The Plasencia Group represented the seller in the sale of the two dynamically situated, upper-echelon assets in the booming Fort Myers market.
These are markets worthy of consideration by hotel investors and developers in 2024, given their pace of growth and the diversity of their local economies.
The Plasencia Group has been recognized for the second consecutive year by the Tampa Bay Business Journal and their “2023 Best Real Estate Deals” awards.
National Presence. Local Knowledge. Exclusively Hospitality.
The Plasencia Group is a national hospitality sales, investment consulting and advisory firm with offices across the country.
