by AkkiPatel | Nov 18, 2022 | Uncategorized
Single tenant properties are typically leased to larger businesses like big box stores or other national or regional chains. Because they are dependent on only one tenant to provide income, they are generally viewed as safer investments than multi-tenant properties...
by AkkiPatel | Nov 11, 2022 | Uncategorized
The hospitality industry was badly damaged by the COVID-19 pandemic. Government restrictions and fear of getting ill kept people at home for the better part of a year and half. Many businesses did not survive, and those that did experienced massive losses, both...
by AkkiPatel | Nov 4, 2022 | Uncategorized
The single-tenant property market reached new heights over the past few years. The advantages of single-tenant properties were on full display during the COVID-19 pandemic, when big chain retailers were among the only ones able to consistently pay on their leases and...
by AkkiPatel | Oct 28, 2022 | Uncategorized
Historically, when you wanted to stay at a hotel, you would have to make a phone call to the hotel itself to ask about availability and reserve a room. With the introduction of the Internet, customers began using hotel websites to check on vacancies and make...
by AkkiPatel | Oct 21, 2022 | Uncategorized
People are becoming increasingly interested in the environment and the effects of their and others’ actions upon it. These concerns can influence where they choose to stay, and they are more likely to choose hotels that use sustainable, eco-friendly practices. The...
by AkkiPatel | Oct 14, 2022 | Uncategorized
The hotel industry took a huge hit during the main pandemic years of 2020 and 2021. In 2022, with the worst of the pandemic (hopefully) in the rear-view mirror, it is time for the hospitality industry to get back to normal. New pricing strategies emerged during the...
