As with any crisis, there will be winners and losers. That certain projects may come to a halt is not necessarily bad news for some markets. The slump in development could relieve the pressure on existing hotels during a very competitive period.
But the current situation has certain unknowns that may be transformed into opportunities in the short or mid term if certain weakened real estate investors needed to accelerate their exits and put choice properties on the market. One last question must be raised after the mergers of large banking...
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