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The rising cost of commercial insurance is giving some developers pause as they plot high-rise projects intended to transform the skylines of South Florida. The increases, which have taken place since 2020, are reportedly hindering the builders' ability to make money on their projects.
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Sonder Holdings Inc. (“Sonder” or the “Company”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, announced today it has added over 25 new buildings across the U.
After a year of record price growth in the South Florida housing, what does 2022 hold? We asked experts to weigh in on a range of topics, from affordability to mortgage rates to migration and supply and demand.
More travel executives get their mission-critical industry news from Skift than any other source on the planet.Tell me more Developers around the world in recent years trimmed back luxury hotel guest room counts in favor of adding condos to a project to boost profitability. Condos will now play an especially important part in helping the luxury hotel sector grow in an uncertain travel climate. Developers didn’t shy away from building or proposing new locations for ultra-luxury hotel brands like Raffles, Waldorf-Astoria, and Four Seasons during the pandemic. Nearly ninety percent of the Four...