2016: Year of the Hotel?
2016: The Year of the Hotel for Los Angeles? Is 2016 the year of the Monkey AND year of the hotel in Los Angeles? According to the Chinese calendar 2016 is the year of the fire monkey with character traits of adventure, ambition, and irritability. Not exactly the perfect mix for hotel developers choosing Los Angeles for their projects. On the ambition side, we’re seeing bids for the 2024 Olympics, a NFL stadium, and public transit initiatives. On the irritability side, we see tax incentives for hotels coming under scrutiny and tighter control by city councils affecting new developments. …
Apr 17, 2016 By admin