The Real Deal Miami

Investors drawn to Miami hotel market

October 29, 2012 12:00PM

The Delano

Miami’s hotel market is heating up, and competition for sites and existing spaces is getting intense, the Miami Herald reported. “Miami is a hot market right now, so it’s hard to get a hotel,” said Keith Menin, principal of Menin Hotels. The market, which is led right now by the on-the-block Delano hotel, is “improving faster than a lot of the other markets,” according to Bilzin Sumberg attorney Suzanne Amaducci-Adams. “Everybody wants to be here.” [Miami Herald]