We must restore the magic pact!
🏨 Investors correctly assess the turbulent real estate market, where hotels outperform other assets. Despite strong demand, new hotel supply struggles due to high debt costs, scarce land, and strict zoning. Greenfield projects face competition from faster conversions. Success lies in mixed-use developments and political stability. The hotel industry needs cooperation with local authorities and clear rules. Hospitality, a key economic driver, offers jobs and social connection, especially as Europe and France reshape urban centers.
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