Over the past ten years, Tampa’s lodging industry has experienced a generational transformation. Our firm has had a front row seat to our hometown’s emergence as a true institutional caliber investment destination.
Resiliency and recovery powered by demand diversity and muted supply growth.
Amidst turbulent waters, a sense of equilibrium has emerged, and hotel and resort owners in the Keys find themselves on their most level footing in years.
It is clear that the market has largely moved on from the struggles it experienced in 2023, with lodging demand steadily improving.
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.
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.
by Chris Plasencia, Managing Director