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Hotels lacking amenities lure investors

Investors are drawn by the lower operating costs and higher returns at select-service hotels compared with more upscale properties.

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Hotel boom brings glut of rooms to Brooklyn

Developers seeking to capitalize on Brooklyn’s rising cachet as a trendy destination are facing declining occupancies and depressed rates as projects open in the next few years.

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Hotels lacking amenities lure investors

Investors are drawn by the lower operating costs and higher returns at select-service hotels compared with more upscale properties.

View Article

Hotel boom brings glut of rooms to Brooklyn

Developers seeking to capitalize on Brooklyn’s rising cachet as a trendy destination are facing declining occupancies and depressed rates as projects open in the next few years.

View Article
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