Adaptive Reuse: Innovative Student Housing from Hotel Properties
The real estate market is a constantly evolving landscape of supply and demand. Adaptive reuse is the key to meeting that changing demand by transforming buildings that were in demand years and decades before. Shops become restaurants, office buildings become health clubs, and historic buildings become exclusive loft apartments. However, one of the most perfectly […]
How Hotels Can Survive The Alternative Accommodations Boom
When Airbnb first started, nobody thought the company would outcompete the hotel industry. Airbnb founders once said, “We’re not really replacing hotels,” and hotel chain CEOs believed them. However, the data says otherwise. In the beginning, alternative lodgings accounted for 10% of the industry. In 2021, the alternative lodging sector took a 20% share of the $300 […]