When the pandemic hit the world, it shattered not just the lives but the different businesses too. Travel restrictions and lockdown turned the hotels and stay-in accommodation empty says Maxwell Drever. More than 80% of the hotels went without any…
Category: Maxwell Drever
The Challenge of Investing in Affordable Workforce Housing Is Broken Down by Maxwell Drever
Because of a number of issues, including aging housing stock and growing building prices, adequate housing for workers earning $15 to $30 per hour is becoming increasingly difficult to find says Maxwell Drever. The absence of cheap workforce housing makes…
Maxwell Drever and the Coming Mass Conversion of Broken Hotels into Affordable Workforce Housing
The current state of the COVID-19 epidemic has largely been detrimental to the hotel business. Constant travel bans and shutdowns had a negative impact on hotel vacancy rates, prompting hotel owners to abandon their properties says Maxwell Drever. Property investors,…