The pause was about financing, and the return is about buyers. Residential presales improve the development's cost of capital enough to make the hotel component viable again in markets where it was not.
The trade-off is in the operating complexity.
Branded residential is being attached to hotel schemes again after a two-year pause.
The pause was about financing, and the return is about buyers. Residential presales improve the development's cost of capital enough to make the hotel component viable again in markets where it was not.
The trade-off is in the operating complexity.