Mixed-use hotel development offers potential for strong returns

01/11/2013 | HotelNewsNow.com

The benefits of building a mixed-use hotel property could significantly outweigh the legal and financing difficulties that are usually encountered in such projects, developers and investment experts say. "Combining uses on top of each other, it makes for a synergistic use. Complimentary amenities, shared parking, sharing costs split among all the different users so it operates more efficiently," said Brian Gordon, a vice president at Magellan Development Group.

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