shannon l. sampson
The Diverse Factors Driving the Austin Lodging Market
Shannon Sampson | May 15, 2023
By Shannon Sampson The Austin area has experienced unprecedented growth and success in recent years. The region boasts a strong economic framework and diverse demand generators that typically allow the city’s lodging market to recover quickly following any dips or slumps. Austin is one of the largest technology hubs in the country and is home to The University of Texas at Austin (UT Austin), as well as numerous state and federal government entities, which help the city weather recessions relatively well. Furthermore, the area is one of the most popular leisure destinations in the state. Add to that a robust convention and citywide event...
Key Considerations for Historic Building Conversions
Shannon L. Sampson | February 14, 2017
By Shannon L. Sampson , McKenna Luke , Mallory B. Hall While conversions of historic buildings to high-end hotels have been taking place for decades, the trend has accelerated over the past several years, driven by a demand for one-of-a-kind hotel designs. The following looks at some of the challenges and rewards developers and hotel companies can expect when tackling a historic conversion project. The Opportunities The redevelopment of historic buildings offers quantitative and qualitative rewards, and these apply to both the developers and the communities and neighborhoods in which their projects are set. On a cost basis, for example,...
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