Shop Talk: Investing in Midwestern hotel properties
What are the critical differences between the hotel markets in coastal cities vis-à-vis Midwestern cities? Do hotels in the Midwest typically serve a predominantly leisure or business audience? And how does an investor identify a good hotel property in a nation’s heartland? Our guest — Corey Maple, chairman of the Lodging Opportunity Fund, which creates investment funds that buy and sell Midwestern hotels — joins us to elaborate. (10/2017)