The Rise Of Whisper Listings
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Unprecedented Surge in Hotel Prices including Miami, LA, and New York
Hotel prices in Miami, LA, and New York have increased dramatically. Let’s take a look at how they have grown over the past years.
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People Can Now Invest In Real Estate Through A Virtual World
Decentraland, a 3D world created by Meilich and Ordano released in 2020, is a blockchain platform giving customers’ virtual lands ownership by using Non-fungible tokens, indicating various digital assets, including audio and video files virtual land (NFTs). This Ethereum-based blockchain platform allows users to purchase, construct, and monetize virtual reality applications—all the transactions in this virtual world use MANA, a cryptocurrency of Decentraland.
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US Hotel Update
Metropolitan and Suburban Markets. As we all know, the Hotel industry was hit the hardest with the pandemic. The full impact in the hotel industry took hold in April with 70% year-over-year drop in demand before rebounding slighty to close Q2 down by 60%. Supply growth fell to 1.3% from 1.5% in Q1. These numbers are provided by CBRE.
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