Lower Prices, More Deals as Convention Hotels Jockey for a Recovery
Wealth Management Real Estate, April 27, 2021–Bendix Anderson
Investors spent billions of dollars to buy full-service convention hotels in the first months of 2021. These bigger hotels—which typically include restaurants and extensive space—suffered dramatically with the collapse of business travel and conferences during the pandemic.
Now, bolstered by the gradual return of in-person events scheduled for the second half of this year, buyers are eying the sector and making bets.
https://www.wealthmanagement.com/investment-strategies/lower-prices-more-deals-convention-hotels-jockey-recovery?