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As Office Leasing Changes by City, Hotel Occupancy Follows

Occupancy at Upper Upscale hotels has suffered as fewer corporate travelers visit clients, which is apparent in the relationship between office and hotel usage. (Getty Images)


The performance of different types of commercial real estate is often interconnected, and this has become clearly visible in the relationship between office and hotel use. Workplaces attract business travelers, be they vendors, clients, partners, or coworkers.

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