Big risks, rewards in mixed-use development

When it comes to speak about large new-built hotel development, the question between shall we focus on a hotel-use or mixed-use development is growing.

If welcoming other activities than just an hotel might sometimes pollute its activity, hospitality is still considered as more risky than condos development etc. but mixed-use can also be complementary, securing a hotel development project towards investors, or be a lever by selling real-estate (i.e. condos) to finance the project.

But some hoteliers are against, because of brand standards, fear of different clientele typology etc. Indeed this debate is passionating, and HotelNewsNow.com is offering here a nice article dealing with the subject; "Big risks, rewards in mixed-use development"

The Radisson Blu Aqua Chicago mixed-use development