Paradise recovers its luster. (resort properties): An article from: Journal of Property Management
Book Details
Author(s)Katherine Anderson
PublisherInstitute of Real Estate Management
ISBN / ASINB00092WEG2
ISBN-13978B00092WEG3
MarketplaceFrance 🇫🇷
Description
This digital document is an article from Journal of Property Management, published by Institute of Real Estate Management on May 1, 1994. The length of the article is 3558 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the supplier: The sagging resort property market is starting to recover. Since the late 1980s, the industry, closely associated with fun and magic, has been having anything but a wonderful time. Hotel failures have jumped from 350 in 1988 to 500 in 1992, while properties have been selling for as low as a quarter of their original value. The national upscale resort market finally began to pick up in 1993, with demand rising to 66% from 64% in 1992. While the improvement in market demand does not inspire euphoria, property managers are 'cautiously optimistic' about the future. They predict a growth in the resort property market in 1994. Such optimism among property managers is now accompanied by intensifying pressure from resort owners. There is a growing trend for managers to share some of the responsibility for the resort's bottom line. They are compelled to streamline their operations and pay closer attention to the market.
Citation Details
Title: Paradise recovers its luster. (resort properties)
Author: Katherine Anderson
Publication:Journal of Property Management (Refereed)
Date: May 1, 1994
Publisher: Institute of Real Estate Management
Volume: v59 Issue: n3 Page: p22(4)
Distributed by Thomson Gale
From the supplier: The sagging resort property market is starting to recover. Since the late 1980s, the industry, closely associated with fun and magic, has been having anything but a wonderful time. Hotel failures have jumped from 350 in 1988 to 500 in 1992, while properties have been selling for as low as a quarter of their original value. The national upscale resort market finally began to pick up in 1993, with demand rising to 66% from 64% in 1992. While the improvement in market demand does not inspire euphoria, property managers are 'cautiously optimistic' about the future. They predict a growth in the resort property market in 1994. Such optimism among property managers is now accompanied by intensifying pressure from resort owners. There is a growing trend for managers to share some of the responsibility for the resort's bottom line. They are compelled to streamline their operations and pay closer attention to the market.
Citation Details
Title: Paradise recovers its luster. (resort properties)
Author: Katherine Anderson
Publication:Journal of Property Management (Refereed)
Date: May 1, 1994
Publisher: Institute of Real Estate Management
Volume: v59 Issue: n3 Page: p22(4)
Distributed by Thomson Gale
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