Is Luxury Travel Back? Resort Real Estate Heats Up
Improving operating fundamentals, available debt and a hunt for better returns are fueling investment in resorts, from Florida Keys hotels bathed in sun and ocean breezes to ritzy ski lodges nestled in the Sierra Nevadas near Lake Tahoe out West. It's the latest sign that resort woes are receding. Increases in personal income and corporate profits have spurred travel among high-income individuals and business groups, the most active resort
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