When you have that kind of growth on the top line, it s really almost exaggerated on the bottom line

In August, developer CGI Merchant Group scored $53 million in financing for the construction of a hotel and restaurant cancun hotel reviews at Casa Moderna. When it opens next spring, the hotel will feature 129 rooms – up from 56.
And since then, several major hotel sales have gone down, including a $460 million deal with Thayer Lodging Group for the Westin Diplomat Resort Spa in Hollywood; Claremont’s $21.65 million purchase of Il Lugano Hotel Residences in Fort Lauderdale; Blackstone Group’s $12 million acquisition of Marriott s Residence Inn Boca Raton; and the $57.5 million deal for b2 Miami Downtown Hotel and a neighboring retail center.
cancun hotel reviews When you have that kind of growth on the top line, it s really almost exaggerated on the bottom line, Richard Lillis, executive vice president in the Miami-Fort Lauderdale offices of Colliers cancun hotel reviews International Hotels, told the Daily Business Review. You have pretty remarkable profit growth. That s why you re seeing developers now.”
Their presence in North America has been shy, said Mario Suarez, partner at Zyscovich Architects in Miami. But they re beginning to look with a lot of interest. [Daily cancun hotel reviews Business Review] – Christopher Cameron