The hotel market on Long Island is expected to take a significant downturn in the next four years, becoming one of the worst in the country, according to a new study released by Ten-X Commercial, a real estate sales platform. The company put Long Island in the top three of its list of “sell markets,” Long Island Business News reported. Local hotels had a 75 percent occupancy rate in the first quarter of 2019, up […]
source https://therealdeal.com/tristate/2019/06/10/long-islands-hotel-market-could-be-headed-for-a-downturn/#new_tab
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