Investors drawn to Miami hotel market

The Delano
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]

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