South Florida real estate investor Shane Neman. Courtesy photo 'Kind of Morbid': Some Coronavirus-Crippled Hotels Will Thrive Again After Changing Hands
Distressed hotels won't sit vacant for long as investors are eager to capitalize on the tourism bust and convert the buildings to multifamily.
October 26, 2020 at 06:00 AM
8 minute read
It's no stretch to envision empty, boarded-up hotels on ice with the lodging industry frozen in time by the coronavirus pandemic.
But that won't be across the board. Some buildings will come back to life, just not as hotels.
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