A hotel PIP is more than a renovation allowance. Buyers need a current scope, written brand decisions, realistic operating forecasts and a financing plan before closing.
Access, maintenance, staffing and residential operations shape resort development in small coastal markets. Will Mitchell explains the practical questions that Belize projects need to answer before opening.
A hotel can have a credible value-add thesis and still outrun the property's ability to execute it. Buyers should underwrite management bandwidth, sequencing and downtime alongside the renovation budget.
Miami is the best-performing U.S. World Cup host hotel market — about 55% of hotels are ahead of booking pace — and landed FIFA's expanded 75,000-square-foot Americas headquarters in Coral Gables.
Host markets projected billions from the 2026 World Cup, but roughly 80% of host-city hotels are tracking below forecast — while short-term rentals near stadiums surge and stadium-anchored development accelerates.
Host Hotels & Resorts CFO Sourav Ghosh outlines a 2026 growth strategy built on capital recycling, renovation programs, and favorable lodging demand trends.
Bally's Corporation paid $156.6M to New York City for a 16-acre Bronx parcel, clearing the path for a planned casino resort at the former Ferry Point golf course.