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Daytona Beach Condo-Hotel Market
It is 2017. New year, new expectations, and new realities we will have to deal with. We have new President, a lot of hopes, a lot of changes coming… And while no one knows exactly what is ahead of us, we can still look back at how condo-hotels fared in 2016 and see if there are any signs of a trend that may get noticeable in 2017.
I usually write an annual blog trying to look at the condo-hotel market. When you are in in your daily routine, it is easy to lose sight of a bigger picture.It is easy not to notice the trend, when what you see are microscopic changes. But when you look at a year, and compare with other years, the signs get clearer... And it is important for every professional.
So I try to search for the trend and even do a foolish thing trying to predict where the market goes and how this affects condo-hotels. So, I wrote about the state of the market of condo-hotels now.
We looked at 2015 and 2016. There are obvious changes. The inventory of condo-hotel unit is down. It is actually at its lowest level I have ever seen. By "old" standards ... more

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