Posted by: NAI Alliance Hospitality Division
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In 2009, many hotel property owners, both new and old, invested money (lots of money) into their properties. Through face-lifts, remodels, additions, and even down to the bones redevelopment Reno’s hospitality properties were a flurry of construction activity. The result is a forever changed city skyline bubbling with increased hotel rooms, Las Vegas style luxury, and a chance at city living in the biggest little city. Although several of the developers suffered major financial set backs resulting in receivership, foreclosure, and loss of their projects the renovations were a great sign for Reno...
Year In Review 2009 Hospitality Report is now available for download.
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