Industry leaders share the realistic and profound impact of COVID19 on the hospitality industry. The principle challenge is clear – containment practices including closed borders, travel restrictions and social distancing have left an abrupt and indefinite bearing on demand for hotels. Owners are making difficult decisions and given the circumstances are forced to take proactive […]
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Viewing posts from: Hospitality
05Apr
Boston Realty Advisors Completes $25.1M Sale of Prized Downtown Nantucket Inns, Retail
HospitalityNANTUCKET—Exclusive broker Boston Realty Advisors dubbed it “absolutely irreplaceable,” and that outlook five years ago has been validated in this week’s $25.1 million trade of a hospitality and retail portfolio taking up an entire downtown block, the four buildings with 60 rentals mixing old-world charm and new construction in the epicenter of all the island retreat offers […]
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