"There’s a recession, there’s higher interest rates, inflation. But on the other side, you have a new source of demand, you have groups coming back, you’re able to adjust rates, and you have new supply," said Driftwood Capital CEO Carlos Rodriguez Sr.
December 27, 2022 at 02:17 PM
5 minute read
Florida Bureau Chief
The hotel sector underwent a swift recovery in 2022, and although it still has a way to go, there are opportunities for developers and investors to capitalize on certain trends over the next few months.
Strong demand will continue into 2023, according to Driftwood Capital CEO Carlos Rodriguez Sr., who said that that will be driven by the return of corporate and group business travel.
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