ATLANTA—Location, location, location is a common mantra in commercial real estate. But a good location with low barriers to entry may not be the best bet in the long-term.
GlobeSt.com caught up with Shawn Gracey, executive vice president of hospitality for Key International, to get more insight into this growing sector in part one of this exclusive interview. You can still read part one: Why Select-Service Hotel Development Is On The Rise.
GlobeSt.com: What are some of the key factors to consider when purchasing a hotel property for development or redevelopment?
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