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US Hotel Industry Continues To Gain Ground Toward Recovery

Candy Yeung • Jun 10, 2021

Weekly Revenue Per Available Room Nearly Three-Quarters of 2019 Levels

44% of the 166 U.S. markets, posted “peak” or “recovery” performance for the week of April 3 — the most since COVID-19 was declared a pandemic in March 2020, according to the latest weekly data from STR. Click here for more info

Candy Yeung is a National Commercial Real Estate Advisor and Certified Hotel Broker specializing in hotels and hospitality investment properties throughout Florida. To schedule a consultation, or request a valuation of your property, contact us at 954-681-3737 or click HERE.

The Hotel Master Blog

By Candy Yeung 01 Jul, 2021
Candy Yeung is a National Commercial Real Estate Advisor and Certified Hotel Broker specializing in hotels and hospitality investment properties throughout Florida. To schedule a consultation, or request a valuation of your property, contact us at 954-681-3737 or click HERE .
By Candy Yeung 31 Oct, 2019
Florida Commercial Property Investment Group released a new guide to help multi-family property owners find ways to increase property value. Packed with practical tips, the guide covers 7 major areas investors should consider when seeking ways to maximize their investment. "Developing a solid strategy for increasing your property value now," said Managing Director, Candy Yeung. "Not only will it help increase cash flow while you're still holding the property, but it also allows you to net a higher return when it's time to sell. When investors don't actively focus on ways to improve their property, they could be leaving tens of thousands of dollars on the table." To access the guide, click the banner below. To request a valuation of your property, contact Candy Yeung at 954-681-3737 or e-mail info@flcregroup.com. Florida Commercial Property Investment Group is a full-service advisory firm based out or Re/Max Consultants Realty I in Fort Lauderdale, Florida. They specialize in investment sales, hotel brokerage, non-profit, medical and GSA Federal Sales & Leasing. Visit www.FLCREGroup.com
Four Seasons Ft Lauderdale’s renovation.
By Candy Yeung 19 Jun, 2019
The Real Estate scene in Fort Lauderdale is booming with development. Within the past 18 months there has been significant luxury and commercial development both in residential along the coast, as well as the hospitality market, which is an area Florida Commercial Real Estate Group’s Managing Director, Candy Yeung, specializes in. 2018 saw the opening of the Four Seasons beautiful new property, and The W Fort Lauderdale underwent an $150 million renovation. In the greater Fort Lauderdale area, new hotels are scheduled for construction. In another area of hospitality, over 1,000 restaurant seats were slated on popular Las Olas, Fort Lauderdale’s dining, shopping and entertainment destination. If you’re looking for build-to-suit or tear down sites to build a hotel, restaurant, or other concept in the Hospitality space, contact Commercial Real Estate Agent, Candy Yeung, of Florida Commercial Real Estate Group for available properties and off-market opportunities. She can be reached at 954-637-681-3737 or via e-mail info@FLCREGroup.com. For more info, visit www.FLCREGroup.com
City of Fort Lauderdale
By Candy Yeung 28 May, 2019
Driftwood, a Miami based private firm specializing in hotel assets, is leaving its footprint on Fort Lauderdale with the launch of its Opportunity Zone project – a 218-room, dual-branded hotel called Home 2/Tru by Hilton. They recently launched their first Qualified Opportunity Fund, Driftwood QOF with a target raise of $50M.
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